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December 16, 2013
08:32 EDTCCJCameco announces jet boring in ore underway at Cigar Lake
Cameco announced today that jet boring in ore is underway at the Cigar Lake uranium project in northern Saskatchewan. All additional mine work identified in September has been completed and construction is essentially complete. Commissioning in ore for the underground mining and process equipment continues. Cameco is on track to begin ore production at Cigar Lake during the 1Q14 as previously announced. During production, ore from the Cigar Lake mine will be transported 70 kilometres by truck to the McClean Lake mill for processing to uranium concentrate. The McClean Lake mill is majority owned and operated by AREVA. AREVA has reported that work on required mill modifications is proceeding on schedule for completion by the end of 2Q14 when milling of Cigar Lake ore is expected to begin.
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