Crow Butte was discovered in 1980 and began production in 1991.
|End product||Uranium concentrates|
|ISO certification||ISO 14001 certified|
|Estimated reserves||0.7 million pounds (proven), average grade U3O8: 0.08%|
15.2 million pounds (measured and indicated), average grade U3O8: 0.25%
2.9 million pounds (inferred), average grade U3O8: 0.12%
|Mining methods||In situ recovery (ISR)|
(processing plants and wellfields)
|2.0 million pounds per year|
|Licence term||Through October, 2024|
|Total production: 2002 to 2015||10.1 million pounds|
|2015 production||0.4 million pounds|
|2016 production outlook||0.2 million pounds|
|Estimated decommissioning cost||$46 million (US)|
Production this year was higher than forecast, but 33% lower than 2014 due to declining head grade.
Planning for the future
In 2016, we expect to produce 0.2 million pounds. The head grade and overall production at Crow Butte is expected to continue to decline, as there are no new wellfields being developed under the current mine plan.
Managing our risks
We manage the risks listed here.