The Rabbit Lake story

Babcock, M. R.
Organization: Canadian Institute of Mining, Metallurgy and Petroleum
Pages: 3
Publication Date: Jan 1, 1989
"The Rabbit Lake story began in the late sixties and will continue well into the twenty-first century. It is a story of success, of multiple ore body discoveries, of unique systems, and new methods made possible through innovative and state-of-the-art design. Two quite different geological systems host the five ore bodies mined, or slated to be mined. These two systems have yielded two distinct ore types, each with characteristic mineralogical properties and each requiring its own specific mill circuit.Emphasis on communications and our unique systems have led to a satisfactory and fulfilling work environment resulting in the historically low employee turnover which has contributed to the operation success.A comprehensive environmental study after twelve years of operation has given the Rabbit Lake Operation a completely clean bill of health. INTRODUCTIONRabbit Lake can be described as Saskatchewan's first highgrade uranium mining operation, which set the stage for the province's current role as the leader in uranium mining throughout the western world. The importance of the Rabbit Lake operations - past, present and future.LocationThe Rabbit Lake operation is located in northeastern Saskatchewan (Fig. 1)- 805 km north of Saskatoon, Saskatchewan, and 814 km northeast of Edmonton, Alberta. OwnershipGulf Minerals Canada Limited discovered the Rabbit Lake deposit in 1968. Mining operations began in 1975and were operated by Gulf until purchased by Eldorado Nuclear Limited in 1982. In 1988, Eldorado merged with Saskatchewan Mining Development Corporation (SMDC) to form Cameco-A Canadian Mining &. Energy Corporation. The new corporation is one of the world 's largest uranium companies.Cameco's $1.5 billion in assets include the Rabbit Lake uranium mine (Cameco 100010); the Key Lake uranium mine (Cameco 66.67%; Uranerz Exploration and Mining Limited 33.33%); the Cluff Lake uranium mine (Cameco 20%; Amok Ltd. 80%); the Fuel Services Division at Blind River and Port Hope, Ontario (Cameco 100%); and a 100%); and a 48.75% interest in the Cigar Lake uranium deposit which is now at the test mining stage (Cogema Canada Ltd . 32.625% ; Idemitsu Uranium Exploration Canada Limited 12.875%; Corono Grande 3.75%; Korea Electric Power Corporation 2%). In addition, Cameco is involved in a number of base and precious metal explor ation projects."
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