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AREVA > Home > Publications > Uranium
in Saskatchewan >Uranium Reserves
Uranium in Saskatchewan
Uranium Reserves
(as of December 31, 2007)
| DEPOSIT |
MIMING METHOD |
MILLIONS OF
POUNDS
U3O8 |
AVERAGE
GRADE
(% U3O8) |
| McArthur River |
underground |
349.1 |
20.7 |
| Cigar Lake |
underground |
226.3 |
20.7 |
| Rabbit Lake |
underground |
16.2 |
1.1 |
| McClean
Lake |
various methods
being deployed |
24.6 |
1.4 |
| Midwest |
open pit |
36.7 |
2.6 |
| Cluff
Lake |
decommissioned |
nil |
nil |
| TOTAL URANIUM RESERVES |
652.9 |
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Clean electricity generated from Canadian uranium worldwide avoids more than 300 million tonnes of
CO2 emissions annually.
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The energy potential of Saskatchewan’s uranium reserves is approximately equivalent to 6.6
billion tonnes of coal or 20.3 billion barrels of oil.
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More energy is contained in Saskatchewan’s uranium reserves than in all known Canadian
conventional oil reserves (not including the Athabasca tar sands).
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At the current rate of extraction, Saskatchewan’s known uranium deposits will last for 20 to 30
years. This figure only includes known deposits. New deposits are continually being discovered through
exploration activities.
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