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The first uranium ore from the McArthur River mine has now been milled and packaged at the Key Lake mill, marking the achievement of initial production as the facilities transition back into normal operations.

Date: Friday, 11 November 2022
Original article: world-nuclear-news.org/Articles/First-production-from-restarted-Canadian-operation

Purchase could give access to additional 6.9 million pounds of U308 Cameco will pay CAD107m to acquire the stake in Cigar Lake. Courtesy Cameco. Canadian uranium company Cameco and Orano group subsidiary Orano Canada have reached an agreement with Idemitsu Canada Resources to acquire its share in the world’s highest-grade uranium mine, Cigar Lake, in northern Saskatchewan, Canada.

Following the agreement, Cameco’s interest in the Cigar Lake Joint Venture company, which owns Cigar Lake, will increase by just over 4.5 percentage points to around 54.5%. Orano’s stake will increase by 3.3 percentage points to just over 40%. The remaining shareholder, Japan’s Tepco Resources, a Canada-based subsidiary of Tokyo Electric Power Company, will retain its 5% interest.

Cameco will pay approximately CAD107m ($82m, €78m) to acquire the stake in Cigar Lake from Idemitsu. This may be adjusted at the closing of the transaction, which is expected in the second quarter of 2022.

Date: Thursday, 12 May 2022
Original article: nucnet.org/news/cameco-and-orano-increase-ownership-in-cigar-lake-uranium-mine-5-3-2022

Cameco and Orano announced they have reached agreement with Idemitsu Canada Resources Ltd to acquire Idemitsu's 7.875% stake in the Cigar Lake Joint Venture, owner of the Cigar Lake uranium mine in northern Saskatchewan, Canada.

Date: Thursday, 12 May 2022
Original article: world-nuclear-news.org/Articles/Idemitsu-exits-Cigar-Lake-joint-venture

The Canadian Nuclear Safety Commission (CNSC) has amended the uranium mine and mill licence held by Orano Canada Inc allowing it to expand the JEB tailings management facility (TMF) at McClean Lake.

Date: Wednesday, 19 January 2022
Original article: world-nuclear-news.org/Articles/Regulator-authorises-expansion-of-Canadian-mill-ta

The Cigar Lake uranium mine in northern Saskatchewan is to remain in care and maintenance for an "indeterminate period" as the effects of the global COVID-19 pandemic persist, Cameco announced yesterday at the same time as it withdrew its 2020 Outlook. Orano has also extended the suspension of production at its McClean Lake mill, where Cigar Lake ore is processed.

Date: Wednesday, 15 April 2020
Original article: world-nuclear-news.org/Articles/Canadian-companies-extend-suspension-of-uranium-op

Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.

Date: Tuesday, 27 August 2019
Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad

Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.

Date: Friday, 23 August 2019
Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad

Denison Mines Corp announced on 5 July that its 22.5% owned McClean Lake operations had been granted a 10-year Uranium Mine Operating Licence from the Canadian Nuclear Safety Commission (CNSC), valid from 1 July until 30 June 2027.

Date: Thursday, 06 July 2017
Original article: neimagazine.com/news/newsoperating-licence-extended-for-canadas-mcclean-lake-5862927