Mining at the McClean Lake uranium mine in Saskatchewan, which has been suspended since 2009, will restart in 2025 using technology developed to extract high-grade ore from small ore bodies
After spending 15 years and more than $100 million on research and development, partners Orano Canada Inc. and Denison Mines have built mining equipment that is deployed from surface to extract high-grade uranium ore. They plan to use it to restart mining operations at their McClean Lake property in northern Saskatchewan; Orano owns a 77.5 per cent stake and is the operator of the McClean Lake Joint Venture (MLJV), while Denison owns 22.5 per cent.
Restarting uranium production at McClean Lake is a major milestone. Mining operations at the site began in 1995 and the MLJV extracted ore from five open pits, producing approximately 50 million pounds on a 100 per cent basis, before operations were suspended in 2009 due to low uranium prices.