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Annual Production

Uranium Operating Highlights
(100% basis except where noted otherwise)
        McArthur River/Key Lake*          Rabbit Lake
  2007 2006 2005 2007 2006 2005  
Tonnes milled 211,806 219,039 212,285 272,966 313,101 311,908  
Production (million lbs U3O8) 18.7 18.7 18.7 4.0 5.1 6.0  
Cameco's share 13.1 13.1 13.1 4.0 5.1 6.0  
Recovery (%) 98.4 98.8 98.9 96.9 96.6 97.0  
Average mill head grade (% U3O8) 4.07 3.91 4.00 0.69 0.78 0.88  
           Smith Ranch/Highland       Crow Butte  
  2007 2006 2005 2007 2006 2005  
Tonnes milled n/a n/a n/a n/a n/a n/a  
Production (million lbs U3O8) 2.0 2.0 1.3 0.7 0.7 0.8  
Cameco's share 2.0 2.0 1.3 0.7 0.7 0.8  
Recovery (%) n/a n/a n/a n/a n/a n/a  
Average mill head grade
(% U3O8)
n/a n/a n/a n/a n/a n/a  

* McArthur River ore is milled at Key Lake. Due to licence conditions, stockpiled low-grade ore at Key Lake is used to dilute the grade of McArthur River ore.