| OWNERSHIP: |
|
Cameco Corporation (70%)
AREVA Resources (30%) |
| OPERATOR: |
|
Cameco Corporation |
| DISCOVERED: |
|
1988 by Cameco Corporation |
| OPERATION: |
|
McArthur River is the world's largest, high-grade uranium mine, contributing to over 16 percent of the world's uranium production. It began operation in December 1999. McArthur River received ISO 14001 environmental management certification in January 2003. |
| CAPACITY: |
|
Annual production capacity of 18.7 million lbs. U3O8 (7,193 tonnes uranium) milled at the Key Lake site |
| PRODUCTION: |
|
16.6 million lbs. U3O8 (6,385 tonnes uranium) in 2008; all ore is milled at Key Lake |
| RESERVES: |
|
332.6 million lbs. U3O8 (127,933 tonnes uranium) with an average grade of 20.69% U3O8 |
