Key Lake
2009 - 2012
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Scope
“In late 2006, Cameco initiated a strategic plan to revitalize the Key Lake facilities in order to ensure that the mill would be able to process McArthur River’s Mineral Reserves for the next thirty years. The key objectives of this plan are to refurbish or replace selected areas of the existing infrastructure, enhance environmental performance and increase nominal production capacity to approximately 25 Mlbs U3O8 per year.” [1] As a Program Director and Manager for Cameco Corporation, James worked with the Program Manager for the Key Lake Revitalization Project and site teams, over a period of approximately five years (2008-2012) to ensure future ore could be accommodated from McArthur River Operation. The icons to the right only represent areas that work lead by James and the MRX team, consultants and contractors.
[1] Technical report titled “McArthur River Operation, Northern Saskatchewan, Canada”, dated November 2, 2012 with an effective date of August 31, 2012.
Joint Venture Strategy
Value Engineering and Project De-Risking
Environment, Social, and Governance (ESG)
Project Execution and Finances
Scale
The total capital outlay of the MRX program as well as sustaining capital for the life of Asset (LOA) for the both the McArthur River and Key Lake Operations circa 2012 are referenced as $2.5 billion [2].
[2] “McArthur River Operation, Northern Saskatchewan, Canada”, dated March 29, 2019, with an effective date of December 31, 2018
Brownfields Projects
Results
Both McArthur River mine and Key Lake mill expansions were substantially completed by Major Projects and site operation teams at McArthur River Mine and Key Lake Mill.
Life of Asset update and information for NI 43-101 Technical Reports
Overall Project Objectives Met
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©Permission Granted Cameco Corp Copyright Files