URANIUM: Cameco suspends mining at Eagle Point temporarily

SASKATCHEWAN – Cameco Corp. of Saskatoon has temporarily restricted underground mining at its Eagle Point uranium mine. A fall of rock was discovered in a drift that was being reopened. The company removed 40 non-essential workers from the mine and restricted activities at Eagle Point until the condition of the affected area is assessed. There were no injuries, no inflow of water, and no effect on the environment, said Cameco. Ore from Eagle Point is milled at Rabbit Lake, and the guidance for 2015 production of uranium concentrate remains unchanged at 3.9 million lb. Any shortfall of tonnage to the mill will be met from surface stockpiles. The Canadian Nuclear Safety Commission and Saskatchewan mines inspector have been notified. Further information will be available at Cameco.com when the assessment is complete.