McClean Lake Uranium Mine in Northern Saskatchewan to Resume Operations in 2025

Source: Orano Canada The McClean Lake uranium mine, located in the Athabasca Basin of northern Saskatchewan, is set to resume production in 2025 after operations were suspended in 2008 due to weak uranium prices. Joint venture partners Denison Mines and Orano Canada announced on Wednesday that mining activities will restart at the McClean North deposit, with an estimated 800,000 pounds of uranium output expected in 2025.

The McClean Lake mine is owned by the McClean Lake Joint Venture (MLJV), in which Denison Mines holds a 22.5% stake and Orano Canada, as operator, holds a 77.5% interest. The partners have continued exploration activities and invested in developing the patented Surface Access Borehole Resource Extraction (SABRE) mining method, which is designed to selectively extract high-grade uranium ore.

Preparations in 2024 will involve getting the existing SABRE mining infrastructure and equipment ready for continuous commercial operations. MLJV will also install eight pilot holes for […]

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