Slide 1: Uranium in Saskatchewan: Facts on the Industry for 2017
Uranium in Saskatchewan Uranium in Saskatchewan Facts on the Industry for 2017 Attached are fact sheets containing information about the uranium industry in Saskatchewan, prepared by the Saskatchewan Mining Association. These fact sheets identify the companies, operations and projects involved in th
Slide 2: Introduction
Uranium in Saskatchewan Introduction “Uranium in Saskatchewan” is a series of fact sheets produced annually by Saskatchewan’s uranium mining industry. The information contained has been gathered from corporations producing uranium in the province. The fact sheets represent the combined total of all
Slide 3: Contents
Uranium in Saskatchewan Contents Production Economic Impact Industry Employment Statistics Environmental Protection Radiation Protection and Worker Safety Public Support of the Uranium Mining Industry Uranium Spot Prices: Monthly and Annual Averages Uranium Reserves and Resources Operations and Proj
Slide 4: Production in 2017
Uranium in Saskatchewan Production in 2017 PRODUCTION TONNES OF URANIUM MILLION OPERATIONS POUNDS OF U3O8 Rabbit Lake - - McArthur River/Key Lake* 6,203.36 16.1 Cigar Lake/McClean Lake** 6,929.29 18.0 TOTAL 13,132.65 34.1 Source: Saskatchewan uranium producers To convert tonnes of uranium to pounds
Slide 5: Economic Impact 2017
Uranium in Saskatchewan Economic Impact 2017 The uranium mining industry spent more than $331 million on salaries, wages and benefits for its direct employees. Of this over $107 million was paid to residents of Saskatchewan’s north. The industry’s contractors paid out an additional $98.9 million
Slide 6: Industry Employment Statistics 2017
Uranium in Saskatchewan Industry Employment Statistics 2017 Total employment by the uranium industry, including contractors, was 3,051 people. The uranium industry directly employed 2,197 people in Saskatchewan and industry contractors employed an additional 854 people. Employment at mine sites,
Slide 7: Environmental Protection 2017
Uranium in Saskatchewan Environmental Protection 2017 The Saskatchewan uranium mining industry is committed to responsible environmental stewardship. The industry directly employs 59 people whose full-time responsibility is to ensure that all operations meet strict environmental standards set out by
Slide 8: Radiation Protection and Worker Safety 2017
Uranium in Saskatchewan Radiation Protection and Worker Safety 2017 The safety of workers is a top priority. The uranium industry directly employs 108 people working full time to ensure safe working environments (including radiation protection) exist for employees. All mine sites are monitored regul
Slide 9: Public Support for the Uranium Mining Industry 2017
Uranium in Saskatchewan Public Support for the Uranium Mining Industry 2017 Public opinion poll conducted by Fast Consulting. Public Support 2000 – 2017 This poll is taken in November of each year. Results from the 2017 survey confirm a high level of support for the continuation of uranium minin
Slide 10: Monthly and Annual Average Uranium Spot Price
Uranium in Saskatchewan 2017 Monthly Average Uranium Spot Price ($USD)* 30.00 25.00 20.00 15.00 10.00 5.00 ‐ Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2017 was a challenging year as the spot price remained low. Average Annual Uranium Spot Price ($USD)* 2002-2017 120.00 100.00 80.00 60.00 40.00
Slide 11: Proven and Probable Reserves; Measured and Indicated Resources
Uranium in Saskatchewan Uranium Proven and Probable Reserves (as of December 31, 2017) Reserves are the economically mineable part of a measured or indicated resource for which at least a preliminary feasibility study demonstrates that economic extraction is justified. MILLIONS OF AVERAGE GRADE DEPO
Slide 12: McArthur River Operation 2017
Uranium in Saskatchewan McArthur River Operation 2017 OWNERSHIP: Cameco Corporation (70%) Orano Canada Inc. (30%) OPERATOR: Cameco Corporation DISCOVERED: 1988 by Cameco Corporation OPERATION: The McArthur River operation is the world’s largest, high-grade uranium mine The mine began operations in D
Slide 13: Key Lake Operation 2017
Uranium in Saskatchewan Key Lake Operation 2017 OWNERSHIP: Cameco Corporation (83%) Orano Canada Inc. (17%) OPERATOR: Cameco Corporation DISCOVERED: 1975 by Uranerz Exploration and Mining Limited OPERATION: In operation since 1983, Key Lake is the largest high-grade uranium milling operation in the
Slide 14: Cigar Lake Operation 2017
Uranium in Saskatchewan Cigar Lake Operation 2017 OWNERSHIP: Cameco Corporation (50%) Orano Canada Inc. (37%) Idemitsu Uranium Exploration Canada Limited (8%) TEPCO Resources Inc. (5%) OPERATOR: Cameco Corporation DISCOVERED: 1981 by Orano Canada OPERATION: Cigar Lake is the world's second-largest k
Slide 15: McClean Lake Operation 2017
Uranium in Saskatchewan McClean Lake Operation 2017 OWNERSHIP: Orano Canada Inc. (70%) Denison Mines Inc. (22.5%) OURD Canada Co. Limited (7.5%) OPERATOR: AREVA Resources Canada DISCOVERED: 1979 by the Canadian Oxy – INCO Joint Venture OPERATION: McClean Lake has the only mill in the world able to p
Slide 16: Rabbit Lake Operation (Suspended)
Uranium in Saskatchewan Rabbit Lake Operation (Suspended) 2017 OWNERSHIP: Cameco Corporation (100%) OPERATOR: Cameco Corporation DISCOVERED: 1968 by Gulf Mineral Resources OPERATION: Rabbit Lake began operations in 1975 and was the longest-operating uranium production facility in North America. The
Slide 17: Cluff Lake Operation (Decommissioned)
Uranium in Saskatchewan Cluff Lake Operation (Decommissioned) 2017 OWNERSHIP: Orano Canada Inc. (100%) OPERATOR: Orano Canada Inc. DISCOVERED: 1971 by Orano Canada OPERATION: 1980 – 2002; 22 years of successful operation; Cluff Lake received ISO 14001 environmental management certification in 2004 C
Slide 18: Midwest Project (Proposed)
Uranium in Saskatchewan Midwest Project (Proposed) 2017 OWNERSHIP: Orano Canada Inc. (69.16%) Denison Mines (25.17%) OURD Canada Co. Limited (5.67%) OPERATOR: Orano Canada Inc. DISCOVERED: 1978 by Esso Minerals Limited OPERATION: The Midwest Project, located 17 kilometres from the McClean Lake mill,
Slide 19: Millennium Project (Proposed)
Uranium in Saskatchewan Millennium Project (Proposed) 2017 OWNERSHIP: Cameco Corporation (70%) JCU Exploration (Canada) Co. Ltd. (30%) OPERATOR: Cameco Corporation DISCOVERED: In 2000 by Cameco and joint-venture partners of the Cree Extension Project OPERATION: A proposed underground uranium mine de
Slide 20: Cameco Corporation
Uranium in Saskatchewan Cameco Corporation Cameco Corporation, with its head office in Saskatoon, Saskatchewan, is one of the world’s largest uranium producers, a significant supplier of conversion services and one of two Candu fuel manufacturers in Canada. The company’s competitive position is base
Slide 21: Orano Canada
Uranium in Saskatchewan Orano Canada Inc. Headquartered in Saskatoon, Saskatchewan, Orano Canada Inc. (formally AREVA Resources Canada Inc.) is a leading producer of uranium, accounting for the processing of 18 million pounds or over half of the uranium concentrate produced in Canada in 2017. Orano
Slide 22: Map of Uranium Operations and Projects
Uranium in Saskatchewan ◆ cities/communities ○ uranium operations or projects