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Last update: 18 Apr, 2024 113 Views

Who owns the mcarthur river mine? The mine is owned and operated by McArthur River Mining Pty Ltd, a wholly owned subsidiary of GlencoreXstrata, one of the world's largest mining companies. The McArthur River Mine began in 1995 as an underground mining operation. Development of the current open cut mine began during the 2007/2008 period.

How many pounds of u3o8 does the mcarthur river mine produce? Between 2000 and 2013, the McArthur River/Key Lake operation produced 250.6 million pounds U 3 O 8. This production figure includes blended low grade stockpiles from the former Key Lake mine as well as ore derived from the McArthur River mine.

Where is the mcarthur river uranium deposit located? The McArthur River deposit was discovered in 1988. The property is located 620 air kilometres north of Saskatoon, Saskatchewan and 80 kilometres northeast of the Key Lake mill in the uranium rich Athabasca Basin. Mine construction began in 1997, with production commencing in 1999. The mine achieved full commercial production in November 2000.

What happened to camecos mcarthur river uranium project? In late 2017, citing "continued low uranium prices," Cameco announced that the McArthur River/Key Lake operation would suspend production for approximately ten months starting by the end of January 2018. In July 2018 Cameco announced that this shut-down would extend for an indefinite period of time pending an upswing in the uranium market.

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