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AREVA >  Home >  Library > Fact Sheets > Uranium_in_sask_01

Uranium in Saskatchewan

Key Lake Operation 2008

OWNERSHIP:   Cameco Corporation (83%)
AREVA Resources (17%)
OPERATOR:   Cameco Corporation
DISCOVERED:   1975 by Uranerz Exploration and Mining Limited
OPERATION:   In operation since 1983, Key Lake is the largest uranium milling operation in the world with capacity to produce 16% of the world's annual uranium production. Key Lake received ISO 14001 environmental management certification in January 2003.
CAPACITY:   The Key Lake mill has a rated annual capacity of 18.7 million lbs. U3O8 (7,193 tonnes uranium), the largest capacity in the world.
PRODUCTION:   16.6 million lbs. U3O8 (6,385 tonnes uranium) was produced in 2008 from ore transported from McArthur River.
RESERVES:   Mining no longer occurs at Key Lake. The mill now processes ore from McArthur River.



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