| OWNERSHIP: |
|
Cameco Corporation (100%) |
| OPERATOR: |
|
Cameco Corporation |
| DISCOVERED: |
|
1968 by Gulf Mineral Resources |
| OPERATION: |
|
Rabbit Lake is the longest-operating uranium production facility in Saskatchewan and
the second largest uranium milling operation in the world. It has been in operation since December
1975 and more than 170 million pounds of U3O8 have been produced from five different
orebodies. Cameco has applied for regulatory approval to process Cigar Lake uranium at the Rabbit Lake mill.
Cigar Lake ore would receive initial processing at McClean Lake and about half of the uranium would be trucked in
solution form to Rabbit Lake for final processing and packaging. |
| CAPACITY: |
|
The mill has a nominal capacity of 12 million lbs. U3O8
(4,615 tonnes uranium). |
| PRODUCTION: |
|
4 million lbs. U3O8 (1,539 tonnes uranium) was produced in
2007 from the Eagle Point underground mine |
| RESERVES: |
|
16.2 million lbs. U3O8 (6,231 tonnes uranium) with an
average grade of 1.1% U3O8 |
| PLANS FOR 2008: |
|
-
Detailed planning for reclamation of the D-zone put on the shore of Collins Bay
-
Water treatment changes to further reduce uranium in effluent
-
Modification to the Rabbit Lake in-pit tailings management facility and initiate new
tailings facility studies
-
Expand employee residence, mill dry facilities and administration complex
|
