The Cigar Lake mine is owned by Cameco (50.025%), AREVA Resources Canada (37.1%), Idemitsu Canada Resources (7.875%) and TEPCO Resources (5.0%) and is operated by Cameco.
Ore from the Cigar Lake mine is milled at the McClean Lake operation owned by AREVA (70%), Denison Mines Inc. (22.5%) and OURD Canada Co. Ltd. (7.5%) and operated by AREVA.
Ore is transported 70 kilometres by truck from the Cigar Lake mine to the McClean Lake mill for processing into uranium concentrate.
The initial 2015 production target range for Cigar Lake was achieved during the third quarter. Cameco will report the full 2015 production for Cigar Lake in its fourth quarter results on February 5, 2016.
