Rabbit Lake

  • Opening in 1975, Rabbit Lake was the longest operating uranium mine in North America.
  • Over 41 years of mining, the operation produced more than 203 million pounds of uranium concentrates.

  • Rabbit Lake was transitioned into safe care and maintenance in the second quarter of 2016.

Operation(As of December 31, 2017)
100% Cameco ownership
Licenced to 2023

2018 Q1 Update

Curtailed Operations

The Rabbit Lake operation is in a safe state of care and maintenance; there was no production in the first quarter of 2018. We are continually weighing the value of maintaining the operation in standby, against the cost of doing so. However, as long as production is suspended, we expect care and maintenance costs to range between $35 million and $40 million annually for the first few years.

See full Quarterly Report

Environment & Safety

Worker safety, environmental monitoring and proper decommissioning after project completion are of the utmost importance to Cameco.

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Reserves & Resources

Our mineral reserves and resources are the foundation of our company and fundamental to our success.

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Caution about forward-looking information

This page may contain forward-looking information that is based upon the assumptions and subject to the material risks discussed on page 2 of Cameco's most recent Quarterly MD&A.