| 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
and processes approximately 17% of the world's annual U3O8 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: |
|
18.7 million lbs. U3O8 (7,193 tonnes uranium) was produced in
2007 from ore transported from McArthur River. |
| RESERVES: |
|
Mining no longer occurs at Key Lake. The mill now processes ore from McArthur River. |
| PLANS FOR 2008: |
|
-
Complete installation of equipment to remove ammonia from groundwater recovery wells
-
Continue with assessment of plans to increase licensed production capacity to 22 million
lbs. U3O8 annually
-
Complete modifications to improve the leaching circuit, with conversion to full atmospheric
leaching to reduce worker gamma radiation exposure
-
Complete installation of equipment to reduce molybdenum and selenium in effluent
-
Complete feasibility study for the Key Lake revitalization project to create a long-term
regional milling centre
|
