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Uranium 101

Home ›Uranium 101 ›Uranium in Saskatchewan ›Reserves

URANIUM IN SASKATCHEWAN

Reserves

Uranium Reserves
(as of December 31, 2008)
Deposit Mining Method Millions of Pounds
U3O8		 Average Grade
(% U3O8)
       
McArthur River underground 332.6 20.69
Cigar Lake underground 226.3 20.67
Rabbit Lake underground 17.5 0.98
McClean Lake various methods
being deployed		 28.2 1.3
Midwest open pit 42.5 1.7
Cluff Lake decommissioned nil nil
Total Uranium Reserves   647.1  
       
 
Numbers may not reflect total due to rounding.
 
  • Clean electricity generated worldwide from Canadian uranium avoids more than 300 million tonnes of CO2 emissions annually.
  • The energy potential of Saskatchewan's uranium reserves is approximately equivalent to 6.5 billion tonnes of coal or 20 billion barrels of oil.
  • More energy is contained in Saskatchewan's known uranium reserves than in all known Canadian conventional oil reserves (not including the Athabasca oil sands).
  • At the current rate of extraction, Saskatchewan's known uranium deposits will last for 20 to 30 years. This figure only includes known deposits. New deposits are continually being discovered through exploration activities.

Note: Uranium in Saskatchewan information is current as of December 31, 2009.
The information is updated on an annual basis.

© 2010 Cameco Corp.
Last Reviewed: May 17, 2010