CANADIAN MINING PERSPECTIVES – Attention turns to Cigar Lake repairs

SASKATCHEWAN - Saskatoon's CAMECO CORP. is working round-the-clock to stop the flooding that began on Oct. 23, 2006...
SASKATCHEWAN - Saskatoon's CAMECO CORP. is working round-the-clock to stop the flooding that began on Oct. 23, 2006, and get the Cigar Lake underground mine development back on track.

The remediation will be carried out in phases, the first of which was approved on Nov. 2 by the Canadian Nuclear Safety Commission and shortly after by Cameco's joint venture partners, AREVA RESOURCES CANADA, IDEMITSU URANIUM EXPLORATION CANADA and TEPCO RESOURCES. This phase involves drilling from surface to the 454-m level so that the tunnel can be plugged with cement and grouted to stop the water.

Cameco noted that subsequent phases of work will have to be approved in their turns. The company has turned to international experts for assistance in creating a comprehensive remediation plan. No timeline or estimate of costs can yet be made. There are currently about 250 people working at the Cigar Lake site.

The world's largest uranium producer has its website at www.Cameco.com.

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