- In the second quarter of 2016, Cameco made the decision to curtail production and defer all wellfield development at our US operations.
- Smith Ranch-Highland opened in 1975 and has produced 23 million lbs of uranium through the in situ recovery mining method.
2019 Q1 Update
US ISR Operations
As a result of our 2016 curtailment decision, commercial production has ceased. As long as production is suspended, we expect ongoing cash and non-cash care and maintenance costs to range between $11 million (US) and $13 million (US) annually.
Environment & Safety
Worker safety, environmental monitoring and proper decommissioning after project completion are of the utmost importance to Cameco.
Reserves & Resources
Our mineral reserves and resources are the foundation of our company and fundamental to our success.
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.