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By Charles "Chick" Rodgers

"The Key Lake uranium mine is the largest single uranium producer in the world. It is owned 2/3 by Cameco Corporation and 1/3 by Uranerz Exploration and Mining. Cameco is the operator. Current production is fourteen million pounds per year of uranium oxide (U308).The mine's location is 570 kilometres north of Saskatoon on the southern edge of the Athabasca Basin approximately at latitude 57° 11 'north and longitude 105° 34' west. Access to the mine is by an all-weather road and a private airstrip.The mill was commissioned in 1983. A molybdenum plant was constructed in 1989 in response to increasing molybdenum content in the yellowcake or final product. Early test work had showed that the first ore body to be mined, the Gaertner deposit, would present few problems with regards to molybdenum in the product. However, the test work also showed that the higher molybdenum content of the Deilmann ore, the second Key Lake orebody to be mined, would result in increased molybdenum concentrations. Without the molybdenum plant, penalties would become excessive and some product might not accepted by the refineries.This paper will describe the current Key Lake mill process with emphasis on the molybdenum solvent extraction process. It will cover the chemistry of the process, process development in the mid 1980's, and current operating practices.The Key Lake milling process consists of five individual plants, crushing and grinding, leaching -counter current decantation (CCD), solvent extraction, yellowcake/crystallization and bulk neutralization (Figure 1. Simplified Mill Flowsheet). A detailed mill flowsheet can be found in the appendix."

Jan 1, 1996

By Kym Runge, Emmy Manlapig

"The objective of an industrial flotation circuit is to separate valuable minerals from non-valuable minerals utilising differences in their flotation recovery rate. Regrinding and reagent addition are particle modification processes which are employed within these circuits to maximise the flotation selectivity of one mineral with respect to the others present in the ore feeding the process.Batch test nodal analysis, or the ability to compare floatability through mathematical combination of laboratory batch flotation test results, is a powerful technique for assessing the effectiveness of particle modification processes on ore floatability in industrial flotation circuits.In this paper, the use of nodal analysis is demonstrated within an industrial flotation circuit. It is used to show that regrinding and staged reagent addition within Teck Cominco’s Red Dog zinc retreatment circuit is beneficial to pulp flotation selectivity. Optimisation of these processes could potentially improve the zinc recovery within the circuit. Lime addition, which is periodically employed to depress pyrite in the circuit, was found to depress sphalerite in preference to pyrite and to result in poorer metallurgical performance in the circuit.INTRODUCTIONThe objective of an industrial flotation circuit is to separate valuable minerals from non-valuable minerals utilising differences in their flotation recovery rate.Different minerals can only be effectively separated using flotation if they are sufficiently liberated from each other (i.e. do not co-exist within the same particles) and have a sufficient difference in surface hydrophobicity. Size reduction processes and chemical addition are utilised before and within a flotation circuit to achieve sufficient particle liberation and to maximise differences in mineral hydrophobicity. In effect, the objective of these processes is to maximise the flotation selectivity of one mineral with respect to the others present in the ore feeding the process."

Jan 1, 2004

By Rory Cameron, Chuck Edwards

"Stringent environmental performance criteria and regulations, and the desire to minimize water use have made membrane-based treatment and separation processes an attractive option. This has lead to many advances in all aspects of the technology. Membrane separation processes have found application in sea water desalination, brackish water treatment, decontamination of ground water, and wastewater treatment. Development of membranes with better resistance to harsh feed conditions has created new opportunities for the broader application of membrane separation technologies to mineral processing streams. There are examples in mineral processing operations, including treatment of acidic drainage, pre-concentration of pregnant leaching solution in heap leaching operations, separation of acids and metals from waste streams and intermediate process streams, as well as gold and cyanide recovery from a heap leaching operation. This paper provides a brief overview of membrane technology principles, followed by a discussion of current membrane technology applications relevant to the mining and mineral processing industry. The paper further explores the potential for the application of membrane separation as an integrated component in mineral processing operations.INTRODUCTION Increased regulatory pressures, emphasis on water conservation, and scarcity of water in arid regions have resulted in substantial changes in industrial practices in recent years. As a result, many industries have become more open to adopting innovative technologies such as membrane separation. The mining industry, which is typically very conservative, has adopted membrane separation as an effective end-of-pipe solution for effluent and acidic drainage (AD) treatment; however, its use as an integrated component in plant operations has progressed more slowly. With increasingly stringent environmental regulations coupled with the desire for low- and zero-discharge operations, the use of membrane separation technology for achieving acceptable environmental performance may be unavoidable in the future. The relatively small footprint requirement, versatility, and modular construction of membrane separation units facilitate their introduction into existing processes with a suitable feed stream. Membrane separation is not a stand-alone process that provides the ultimate solution to water and wastewater treatment; however, it can often be economically added to conventional waste treatment plants to increase throughput and/or decrease contaminant output (Mortazavi, 2008). Although membrane separation technology has become an established separation technique that is widely used in drinking water production and other industries, it is still considered an emerging technology within the mining and mineral processing industry. This technology offers many potential benefits such as clean water recovery from wastewater, significant reduction of volume requiring conventional treatment, decreased usage of reagents, and acid recovery, all of which lead to increased treatment efficiencies and lower reagent consumption. This could translate to smaller and more efficient plants with lower capital and operating costs and lower environmental impacts. Plant expansion may be facilitated by incorporating a membrane separation unit operation in order to utilize existing treatment systems at higher throughputs."

Jan 1, 2012

By J. Kabuya Mukendi, F. Brunet, J. Hadjigeorgiou, P. Matte, D. Leblanc, M. Grenon

La stabilité des bancs miniers est un élément important de la conception des fosses. Il n’y a pas de consensus sur les critères à utiliser pour évaluer la fiabilité des bancs miniers. Lors de la conception des fosses, la fiabilité des bancs miniers est analysée à l’aide d’un ou deux critères. L’objectif de cet article est d’analyser l’efficacité de la conception des bancs miniers de la fosse Tiriganiaq du projet minier Meliadine par rapport à des critères de fiabilité rencontrés dans la littérature et la pratique. L’article présente les similitudes et les différences entre les résultats obtenus pour les différents critères et propose une approche multicritère systématique pour évaluer la fiabilité des bancs miniers à l’aide de cartes de susceptibilité.

Jan 1, 2012

By G. Simard, M. J. Gagnon, A. Charette, G. Péloquin

"In the Bayer process, flocculants are introduced in the feed well to enhance the aggregation of red mud particles. To gain a better understanding of the flocculation process taking place in the feed well, shearinduced flocculation was achieved using concentric rotating cylinders (Couette system). Our previous work has shown the effect of the shear rate on the aggregate’s settling rate and on residual turbidity of the Bayer liquor. In this study, the data demonstrated that the aggregates at selected shear levels appear as a population with a widespread size distribution. By using an imagery apparatus, it was possible to measure the size, the shape, and the sedimentation velocity of the larger red mud aggregates. Marked differences were noticed in the characteristics of the aggregate populations obtained under various shear conditions. IntroductionIn the Bayer process, red mud particles are separated from the liquor in primary clarifiers and washing circuits under the action of synthetic polymers. The agitation in the feed pipe and in the feed well affects the flocculation since the aggregates are formed by the interaction between the red mud particles and the polymers. A minimum shear rate is needed to initiate the aggregation process of fine particles (Warren, 1975).Different systems have been used to study the effects of shear on the flocculation process (Tampo and Watanabe, 1979; Klimpel and Hogg, 1986; Scott et al., 1996; Biggs and Lant, 2000). The Couette flow system has been used in some studies on shear-flocculation (Oles, 1992; Farrow and Swift, 1996a, 1996b). The importance of the physical properties of the aggregates in determining the efficiency of the solid-liquid separation process within a given gravity thickener has been demonstrated (Farrow and Warren, 1989a)"

Jan 1, 2002

By O. P. Garg

"The Iron Ore Company of Canada (IOC) operations in Labrador and Quebec, in Canada, is among the largest openpit mining complexes on a world wide basis. Since the 1981-82 recession, IOC has embarked on a comprehensive cost reduction and productivity improvement program in order to survive in the world iron ore market.This paper will outline the approach used in prioritizing the cost reduction items.IntroductionMuch of the mining industry in North America is in a crisis state. Most producers are operating at production levels well below capacity, some have been merged or sold, while others have been mothballed or closed permanently. For many of us still operating, the future is uncertain. Despite the many cutbacks and closures, there is still an abundant supply of minerals in the world market and there is almost no hope for any relief on price pressures on most mineral commodities in the near future. The Iron Ore Company of Canada (IOC) operates an iron ore mine, a concentrator and a pellet plant known as the Carol Project located in Labrador City, Newfoundland. This concentrator and the pellet plant have the annual capacity to produce 20 million and 10 million tons respectively. A company owned and operated railway links this operation with the dock terminal facilities in Sept-Iles, Quebec.In the past decade the Iron Ore Company of Canada has been one of the largest producers of iron ore products in the world. Its pellets and concentrates as well as natural ores were sold in North America, Europe and the Far East. In 1981-82, sales, particularly in North America, went into a serious decline. For almost 30 years, the gospel IOC preached to employees was ""production, production!"" There were many innovations, and millions of dollars were spent on the biggest and best equipment, on research and development, on training and developing employees."

Jan 1, 1987

By Virginia T. McLemore

The Gallinas Mountains are in northern Lincoln County and southern Torrance County, New Mexico, USA where a series of alkaline igneous bodies, including porphyritic latite, trachyte/syenite, andesite, and rhyolite laccoliths, flows, dikes, and plugs, have intruded Permian sedimentary rocks belonging to the Permian Abo, Yeso, and Glorieta Formations. A small amount of bastnaesite, a REE mineral, was recovered during processing for fluorite from the Gallinas Mountains. Four types of deposits are found in the Gallinas Mountains: epithermal REE-F veins, Cu-REE-F veins, REE-F breccia pipes and iron skarn deposits; all are associated with Tertiary alkaline to alkalic-calcic igneous rocks. Alteration includes brecciation, silicification, chloritization, and fenitization. District zonation is defined by Cu-REE-F (±Pb, Zn, Ag) veins that form center of the district, surrounded by REE-F veins. Carbonatites are inferred at depth by the presence of fenitization, carbonatization of the breccias, presence of REE and similarity of the intrusive rocks and mineralization to areas with known carbonatites.

May 1, 2011

By Michel Fontaine, Bruno St-Cyr

"The mission of the CENTRE DE RECHERCHE INDUSTRIELLE DU QUEBEC (CRIQ) is to stimulate economic development by guiding businesses in their pursuit of innovation.With a comprehensive approach to their needs, CRIQ provides businesses with expertise based on the most recent developments and insights in the fields of:Research and Development ServicesAutomation and production processesDevelopment of industrial equipmentEnvironmental biotechnologiesTesting and Product Qualification Services Industrial and Technological Information ServicesConsultancy and competitive intelligence servicesIndustrial information bankStandardization ServicesElaboration of standards and product certificationSystems registrationEXPERTISE COMPETENCE, INNOVATIONSince its founding in 1969, CRIQ has been involved in over 100,000 projects. The results of its research and development services have enabled it to build over one hundred pieces of equipment, almost all still in operation today. CRIQ has been and remains the driving force of innovation and expertise on the industrial scene, offering highly competitive solutions to a clientele from numerous industrial sectors.CRIQ became a crown corporation operating on a commercial basis on June 30, 1997. This change in its corporate structure has enabled it to put a marked emphasis on trade and implement an array of new operational practices.The formation of marketing companies with private partners, the opening up to corporate business and international markets, the new directions for internal research and the strengthening of its marketing component are among the activities CRIQ has initiated over the last fiscal year to finally reach its cruising speed."

Jan 1, 2000

In some parts of the world explosions in mines are more commonplace events. Even in the more developed nations explosions have occurred in recent times. In some cases these mines have significantly lowered their lost time injury frequency rates and as such considered themselves to be ?safe? operations. The consequence of these explosions has been devastating. It is not just the loss of those underground, but also to the families that have lost people in them and the broader community that has lost friends, income, business opportunities, and in many cases support and sponsorships. It begs so many questions, ?What went wrong??; ?Why were the circumstances not foreseen??; ?What could have been done to prevent it??; ?How is it that no one stopped it, reported it, fixed it etc.??. Being held accountable for negligence, should not be overlooked, however this may not aid the processes required to find all the answers. If the nature of explosions is understood, the circumstances and tools to prevent them are readily available then the occurrence and reoccurrence are due to weaknesses or inadequacies of the systems of work or in the implementation of them. This paper restates the fundamentals of gas explosions, examines the options to control the underground environment through ventilation, gas management and monitoring, education and training. Case studies have been used to examine systematic failures in ventilation management. In some of these cases it is not so much, the system that had been developed, but the interpretation and implementation of the system that resulted in the failure and subsequent loss.

Aug 1, 2013

By H. A. Dakin

"An introduction to the metallurgical requirements of the Flin Flon concentrator reveals the magnitude of ore blending which is required in its operation of three flotation circuits. The resulting variability in flotation heads which has in-creased the separations complexity justified the development of an on-line analysis system.This paper provides a summary of the development and operation of that system. Particular attention is devoted to the problems encountered and where possible their solutions; as the requirements of accurate information and minimum downtime of the sampling system and x-ray analyzer are considered essential. The addition of a recess central computer has provided information in a more easily understood form and as well has allowed the start of automatic reagent control.An indication of the on-line analysis system's value to the concentrators' operation is provided by an examination of the plant in metallurgical data and reagent costs in previous years.The metallurgical plants of Hudson Bay Mining and Smelting lie adjacent to the city of Flin Flon on the Manitoba-Saskatchewan boundary. Plant operations commenced in 1930 treating copper-zinc ore from the local mine. In recent years ore bodies near Flin Flon and in the Snow Lake area, about seventy-five miles east, have been brought into production.By the beginning of 1973 the number of producing mines had increased to nine; with all the ore being handled by the Flin Flon concentrator. Figure l, showing mine ore assays during 1973 indicates the variation in metal content possible."

Jan 1, 1974

By J. Patterson

"Acid Mine Drainage (A.M.D.) formed from oxidation of disposed pyritic wastes presents a potential pollution hazard for Equity Silver Mines Limited and the mining industry in general. Failure to collect and treat these acidic effluents can eventually affect the quality of receiving streams and endanger aquatic life forms. Treatment and discharge of A.M.D. to the receiving environment must comply with stringent anti-pollution laws.Wastes mined at Equity Silver Mines Ltd. are predominantly acid generating and must be handled according to a materials management plan to minimize impact on the environment. Effluent collection and treatment facilities have been constructed to address the short term environmental concerns with reclamation and research programs being developed to address and monitor abatement measures for control over the long term.The purpose of this paper will be to offer a brief overview of these measures. Key topics for discussion will be: kinetics of Acid Mine Drainage, acid generating potential, water treatment and sludge handling, special wastes, waste dump construction, waste rock amendments, bacteriocide research, simulations, and reclamation measures. Programs designed to evaluate impact on the receiving environment, although they form an extensive part of the program, will not be discussed in this paper.INTRODUCTIONEquity Silver Mines Limited is located in the Central Interior of British Columbia, within the Omineca Division, 35 kilometers southeast of Houston Mining and approximately 575 kilometers by air north-northeast ofVancouver (Figure 1).The deposit consists of three economic mineralized zones: The Southern Tail, Main and Waterline Zones. Mining of the Southern Tail commenced in April, 1980 and was completed in the first quarter of 1984. Main Zone production was initiated during the last quarter of 1983 and the Waterline Zone remains undeveloped to-date. Remaining reserves are in the order of four years contingent on favourable metal prices. The three deposits (Figure 2) occur within a window of interbedded volcanic and minor sedimentary rocks. The older volcanic sequence is bounded on the west by a small granite-like stock and on the east by a gabbro-monzonite complex. All are overlain by a series of younger lava flows."

Jan 1, 1988

By J. Davis, M. G. Reading

"INTRODUCTIONInternational Minerals and Chemical Corporation (Canada) Limited operates two potash mine/refinery complexes near Esterhazy, Saskatchewan. Annual production of approximately 4.2 million tons is sold in the United States and overseas in five grades according to size and quality.Ore grading 25% K2 0 equivalent is mined from a horizontal bed by continuous boring machines, crushed, and hoisted at 8 inches. The refinery operation consists of the eight basic steps shown in Figure 1. Particle sizes handled are similar to those experienced in other forms of mineral beneficiation: 8 inches to 100 mesh. The ore is crystalline and particles are angular. Fortunately the major mineral constituents, sylvite (KCl) and halite (NaCl), demonstrate relatively low hardness at 2 to 2.5.Therefore, while simple abrasion must be acknowledged, it is not a major problem except, of course, in circuits carrying magnetite.Corrosion, as represented by the classic equations of Figure 2, occurs in all its various forms."

Jan 1, 1983

By I. Dimitrov, S. R. McCutcheon

"Industrial-grade limestone is found in both the Lower Silurian La Vieille Formation and Upper Silurian LaPlante Formation of the Chaleurs Group in northern New Brunswick. Currently, between 150 000 and 200 000 tonnes of limestone are produced per year from the proximal facies of the LaPlante Formation at the Sormany quarry of Elmtree Resources Ltd., located west of Bathurst.The proximal facies of the LaPlante Formation was deposited on the margins of tectonically uplifted Ordovician terranes. This facies comprises stromatoporoidal-algal bindstone intercalated with wackestone, packstone, and floatstone in variable proportions. The distal facies comprises calcareous shale and minor limestone deposited deeper offshore.Folding and faulting related to Middle Devonian Acadian tectonism have caused an increase in the apparent thickness of the limestone sequences, especially adjacent to the regional Rocky Brook-Millstream fault. Structural and stratigraphic observations indicate that some of the limestone bodies in the area have been tectonically displaced from their site of deposition.A variety of prospecting techniques was used to locate new limestone resources, including geological mapping, airborne and ground electromagnetic surveys, and satellite remote sensing. Clastic rock units above and below the LaPlante Formation have distinctive properties that help to trace the intervening limestone along strike. Because of water-saturated glacial cover, thick vegetation, and the small size of targets, airborne geophysical methods did not prove effective in delineating limestone beds, but aeromagnetic surveys helped map the underlying clastic unit. The remote-sensing data and especially high-resolution digital elevation models helped in identification of karst topography related to limestone."

Jan 1, 2007

By R. D. Lawrence

"Comparable transaction analysis is the best known of the market approaches to valuation of exploration-stage mineral properties. The analysis of option and farm-in agreements can also provide useful guidance to valuators. While such approaches can be distorted by incomplete analysis, market-based methods are capable of providing consistent, credible results when carried out carefully with due consideration paid to all factors which buyers and sellers consider when dealing in the real market. IntroductionMineral properties without defined resources present one of the most challenging tasks to the mineral valuator. This paper will concentrate on market-based approaches to valuation of such properties. Other authors at MM2000 presented papers on cost and income approaches. Sorentino (2000) also provides a useful overview with some provacative commentary on methods.Market based-approaches are based on the principle of substitution and include such techniques as: comparable transaction analysis (sometimes referred to as sales comparison analysis); farm-in commitment (or option agreement) analysis; rules-of-thumb; and comparable market value analysis.Are there any valuation standards available to assist the valuator? In Canada there are none that apply to the valuation of mineral assets or securities. This problem is being addressed, at least in part, by the CIMVal Committee of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)1. Further, the recently established Canadian Association of Mineral Valuators will be giving consideration to the adoption of valuation standards."

Jan 1, 2002

By W G. Brese

The attention of the world is being focused on the spectacular rise of elemental sulphur production in Alberta. In the short space of a decade, production has increased from less than 10,000 long tons, in 1952, to al-most 1,000,000 long tons in 1962. Moreover, 1963 sulphur production is expected to rise by 50 per cent to approximately 1,500,000 long tons, and further increases are forecast for ensuing years. The reason for this dramatic in-crease in elemental sulphur production, particularly in the last year or two, is that Alberta elemental sulphur is recovered in association with the production of sour natural gas. When very large volumes of natural gas began moving to U.S. markets in the latter part of 1961, the resultant increase in sour gas production led to a marked increase in the production of sulphur. Consequently, Canada, mainly on the strength of sulphur produced in Alberta, will soon become the second largest producer of sulphur in the Free World

Jan 1, 1963

By Knut F. Garshol

Quality and durability of sprayed concrete depends on the concrete mix design, the type and use of accelerator and all the aspects of the placement onto the rock surface in the underground working. A large number of influence factors are involved and they must be managed for a successful and durable permanent sprayed concrete structure to be produced. The paper discusses some of the central issues, including how to view the long-term effects of chemical admixtures and accelerators in wetmix sprayed concrete. Permanent lining sprayed concrete for rock support is increasingly being used today and the durability can be equally achieved as for any other concrete.

May 1, 2003

By Gerald Whittle

What is Enterprise Optimization? Releasing value through better planning decisions: Philosophy, Methodology, Software The key to 5% -35% increase in enterprise value (NPV) The culmination of 25 years development in optimization for the mining industry ?Jeff Whittle Simultaneously optimizing: ?all steps in the value chain ?all assets in the enterprise portfolio ?all periods together

May 1, 2010

By Å. Kruukka, H. F. Broicher

The iron ores of the Kiruna mine in Sweden are of exceptional quality except for the phosphorus content in certain zones of the orebody. The prevention of mixing ores high in phosphorus with those low in phosphorus has always been of significant economic importance. The ongoing introduction of tele-mining and automatic haulage by LHDs requires new means in the field of quality control underground, as the experienced miner as well as the underground laboratory assistant no longer are involved in the process. As of 1998, LKAB has been testing prototypes of LIF (laser-induced fluorescence) analyzers for non-contact and real-time measurement of the phosphorus content of ore being transported by LHDs from the stopes to the respective ore pass assigned to a certain ore quality. The principles of the analysis of laser-induced fluorescence, the different test phases and results are described and conclusions made. With bulk sorting of ore underground, the mining engineer supports the efforts of the metallurgist in the processing plant.

Jan 1, 2002

By J. Ling, L. Racine, P. Cousin, A. R. Laplante

"The problem of gold recovery by gravity from high density gangues is first discussed from a fundamental perspective. Three potential difficulties are presented: poor liberation and fine gold particle size, concentrate bed erosion by coarse dense particles, and slow percolation of gold particle through the high density gangue bed. Two case studies are presented to illustrate the impact of these three problems on circuit performance and the feasibility of gravity recovery. It is concluded that careful testing can determine the scope of the first problem and feed preparation can limit the extent of the second. The third problem is clearly the most serious and results in lower gravity recoverable gold recoveries than would be achieved with the same recovery effort on a low density gangue application.IntroductionSince the commercialisation of the Knelson Concentrator in 1980, gold gravity recovery has experienced a surge in interest, in Canada and the United States first, then Australia, Zimbabwe and Russia, and finally worldwide. Table I details number of units sold in various countries, which corresponds approximately to their importance as gold producers 1. Exceptions. such as the low rank of South Africa or the importance of Zimbabwe, despite the much higher gold throughput of the former, are generally the result of differences in the effectiveness of the local marketing strategies, as well as a reflection of the ""philosophy of recovery"" prevalent in the country.The impact of the Knelson has not been felt equally in all plants. Typically, a highly successful application falls into the following categories: (a) alluvial or hard rock recovery for which gravity is the sole recovery method, (b) hard-rock free gold milling with ores which have a very high gravity-recoverable gold (GRG) content, (c) low grade sulphide copper-gold ores which include flotation ahead of cyanidation and (d) free-milling gold ores ahead of Other applications can be successful, but are not as common. The ""explosion"" of centrifuge concentration, of which the Knelson is the most successful but by no means the sole model, has created a certain euphoria which can be summarized as ""gravity recovery will improve the profitability of gold milling, no matter what."" This presentation is about applications that are not so successful, or even downright unsuccessful. The rationale is not to down-play gold gravity recovery, but to set it in its rightful position: metallurgically, it is not appropriate all of the times; it can become inappropriate if poorly designed; and it can be metallurgically possible but economically unjustifiable. In this paper, this will be illustrated and explained rather than demonstrated, with the use of both industrial plant surveys and laboratory test work. Alternate gravity approaches will be suggested."

Jan 1, 1997

By Chuck Edwards

"Cameco operates the high-grade McArthur River uranium mine in northern Saskatchewan, and is constructing the high-grade Cigar Lake uranium mine. Cameco has studied the concept of underground milling of high-grade uranium ore. Compared to conventional milling on surface, the underground milling scheme appears to offer significant cost savings and a lower environmental impact. This paper describes the underground milling scheme, presents process flowsheets and plant layouts, and provides an assessment of potential benefits from underground milling.INTRODUCTIONCameco CorporationCameco is the world’s largest uranium producer, with three operations in Saskatchewan (Rabbit Lake mine/mill, McArthur River mine, and Key Lake mill), two in the United States (Crow Butte and Smith/Highland ISL operations) and two new mines being developed in Canada (Cigar Lake project) and Kazakhstan (Inkai project). Cameco provides uranium fuel refining and conversion services at its Blind River and Port Hope facilities in Ontario. Cameco is part owner (31.6%) of Bruce Power that leases eight nuclear power plants located in southern Ontario. Cameco is the majority shareholder in Centerra Gold Inc., which operates gold mines in the Kyrgyz Republic and in Mongolia.Global Uranium Production RequirementsCentral to Cameco’s view of future uranium supply requirements is the belief that the world is experiencing a nuclear renaissance. This belief is supported by a number of developments, including:•,?Countries representing half the world’s population are now constructing new nuclear power plants. Many countries without nuclear power have begun to plan for it, seeking reliability, clean air and energy independence.•,?Accelerated growth for this industry is also becoming much more likely. In Asia, primarily in China and India, 92 reactors are under construction, on order or planned to help meet rapidly expanding economic needs. Other Asian countries, such as Vietnam and Indonesia, with large populations and rapidly growing economies, are also expected to follow.•,?In the United States the “Energy Policy Act of 2005”, the first energy legislation introduced in over a decade, was signed. This legislation includes provisions recognizing, for the first time at a national level, the clean air contribution of nuclear energy and its critical role in meeting energy security. Upon signing this landmark legislation President Bush stated, “We will start building nuclear power plants by the end of this decade.”"

Jan 1, 2007