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Benefits of nuclear have come clearly into focus, says CEO Cameco plans to have McArthur River (pictured) running at 40% below its annual licensed capacity by 2024. Courtesy Cameco. Cameco has announced plans to restart uranium production at its McArthur River uranium mine and Key Lake uranium mill this year – while at the same time vowing to continue to limit overall production.

The Saskatchewan, Canada-based uranium company made the announcement on 9 February as part of its fourth-quarter and year-end financial reporting. Production at the sites halted in 2018 due to a prolonged slump in the global uranium market, resulting in the loss of about 550 jobs.

The company said it plans to have McArthur River and Key Lake running at 40% below annual licensed capacity by 2024. It then plans to trim output at its Cigar Lake mine, which will then operate at 25% below its annual capacity.

Orano Canada, which owns just over 30% of the McArthur River project along with about 17% of Key Lake, said it supported the restart. Orano Mining chief executive officer Nicolas Maes said in a media release that Cameco’s plan will help extend the life of Cigar Lake, where Orano also owns a stake.

Date: Friday, 11 February 2022
Original article: nucnet.org/news/canadian-uranium-miner-announces-plans-to-restart-mcarthur-river-key-lake-facilities-2-4-2022

Disruptions in Kazakhstan, where ongoing unrest may add to pre-existing operating risks such as the COVID-19 pandemic, could be a "significant catalyst" for the uranium market, Canadian uranium company Cameco has said. Kazakh uranium producer Kazatomprom has said it will meet all delivery deadlines.

Date: Saturday, 08 January 2022
Original article: world-nuclear-news.org/Articles/Uranium-sector-monitors-evolving-Kazakh-situation

The Chairman of the Jordan Atomic Energy Commission (JAEC), Khaled Touqan said on 14 July that the Jordanian Uranium Mining Company (Jumco) has operated its pioneering plant to extract yellowcake from uranium ores since the start of 2021.

Date: Tuesday, 27 July 2021
Original article: neimagazine.com/news/newsjordanian-uranium-mining-company-has-produced-70-tonnes-of-ore-8931139

As the COVID-19 pandemic makes governments and international organisations consider new ways of conducting business and protecting communities, we need to turn the recovery into an opportunity to safeguard the future, writes Christer Viktorsson, director general of the UAE’s Federal Authority for Nuclear Regulation.

Date: Tuesday, 12 May 2020
Original article: world-nuclear-news.org/Articles/Viewpoint-Regulators-adapt-to-an-unprecedented-cha

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