Rabbit Lake Mine
Operations
The Rabbit Lake deposit was discovered in 1968 and production started in 1975 using open-pit mining methods. The Rabbit Lake pit was mined out in 1984. Exploration resulted in the discovery of additional deposits in the area.
Rabbit Lake Deposits | ||||
---|---|---|---|---|
Name | Discovered | Commenced | Depleted | Comments |
Rabbit Lake | 1968 | 1975 | 1984 | |
Collins Bay A-zone | 1971 | 1995 | 1997 | |
Collins Bay B-zone | 1977 | 1985 | 1991 | |
Collins Bay D-zone | 1979 | 1995 | 1996 | |
Eagle Point | 1980 | 1994 | - | Production hiatus from 1998 to 2002 due to depressed uranium prices. Production halted again in 2016. |
The Eagle Point deposit is being mined using underground mining methods. Between 1975 and 2011, Rabbit Lake has produced 186.3 million pounds U3O8. Recent exploration drilling has extended mine life to 2017.
When the current refurbishments are complete, Rabbit Lake Mill will be positioned to undertake toll milling for future uranium mines in the area. Since an agreement was signed between AREVA and Cameco in late 2011, Rabbit Lake is no longer planned to process Cigar Lake Mine ore when it begins production in 2013, the McClean Lake mill will process all of the ore from that mine.
Reserves
As of December 31, 2013, proven and probable reserves are 1,642,100 tonnes at 0.56% U3O8. (20.3 Million pounds U3O8)
Awards
The Rabbit Lake mine has been awarded the Canadian Institute of Mining, Metallurgy and Petroleum's John T. Ryan Trophy for the best safety record for metal mines several times. This award is given to the metal mine with the best safety record for the previous year.
National Trophy
- 1989
- 2001
Regional Trophy - Prairies and Northwest Territories
- 2003
Ownership
100% owned and operated by Cameco Corporation.
See also
- Uranium mining
- Unconformity uranium deposits
- Cigar Lake Mine
- Cluff Lake mine
- Key Lake mine
- McClean Lake mine
References
- ^ Bochove, Danielle (2016-04-21). "Cameco Rallies on View Shutting Mine Will Bolster Uranium Prices". Bloomberg. Bloomberg. Retrieved 2016-09-15.
- ^ "Rabbit Lake - Summary". Cameco Corporation. Retrieved 2012-06-11.
- ^ "Annual Report 2013- Mineral Reserves". Cameco Corporation. Retrieved 2014-06-09.
External links
"Rabbit Lake". Cameco Corporation.