Canadian uranium major Cameco has reduced its production forecast for 2023, citing challenges at its Cigar Lake mine and the Key Lake mill, which was brought out of care-and-maintenance at the end of last year. At Cigar Lake, Cameco expects to produce up to 16.3-million pounds of uranium concentrate (U3O8) this year, a reduction from the previous forecast of 18-million pounds. Production from the McArthur River/Key Lake operations are anticipated to be 14-million pounds, down from the previous forecast of 15-million pounds.
Canadian uranium major Cameco has reduced its production forecast for 2023, citing challenges at its Cigar Lake mine and the Key Lake mill, which was brought out of care-and-maintenance at the end of last year.
At Cigar Lake, Cameco expects to produce up to 16.3-million pounds of uranium concentrate this year, a reduction from the previous forecast of 18-million pounds. Production from the McArthur River/Key Lake operations are anticipated to be 14-million pounds, down from the previous forecast of 15-million pounds.
Cameco explains that mining activities at Cigar Lake were initiated from a new zone in the orebody – west pod – in the second quarter and that this has impacted productivity. As mining activities continued in the west pod during the third quarter, equipment reliability issues emerged, which further affected performance. The miner notes that the mine is scheduled to enter its planned maintenance shutdown in September.
At Key Lake, ramp up activities remain ongoing. However, Cameco says there is continued uncertainty about planned production this year, owing to the length of time the facility was on care-and-maintenance, the operational changes that were implemented, the availability of skilled personnel and experience and the impact of supply chain challenges on the availability of materials and reagents.
The Cigar Lake operation is owned 54.547% by Cameco, 40.453% by Orano Canada Inc. and 5% by TEPCO Resources. The McArthur River mine is owned 69.805% by Cameco and 30.195% by Orano. The Key Lake mill is owned 83.333% by Cameco and 16.667% by Orano.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Shipwreck hunters discover a schooner's 142-year-old remains in Lake MichiganBuilt in 1867, the Trinidad was plagued with structural issues and sank nearly a century and a half ago. Historians intend to nominate it for inclusion on the National Register of Historic Places.
Leer más »
Police identify man killed in downtown Salt Lake shootingA man was shot and killed early Sunday in a parking lot between Pierpont Avenue and 300 South.
Leer más »
1 stabbed in domestic incident in Salt Lake CityOne person suffered serious injuries after being stabbed in Salt Lake City early Monday, police said.
Leer más »
Cleveland.com girls volleyball Top 20: Lake Catholic separates from the packHere is this week's cleveland.com girls volleyball Top 20.
Leer más »