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Cameco Restarts Cigar Lake Uranium Mine

The uranium miner says its 2026 output outlook remains 17.5 million to 18.0 million pounds after the temporary suspension.

  • On Tuesday, Cameco Corporation resumed operations at the Cigar Lake uranium mine following a temporary suspension caused by processing issues at Orano Canada's McClean Lake mill.
  • Orano Canada halted the McClean Lake mill due to "operational challenges" involving an expansion joint at the sulfuric acid plant, though operations resumed within 12 days without injuries.
  • Located more than 650 kilometres north of Saskatoon, Cigar Lake has resumed shipping stockpiled ore to the mill as mining operations return to standard workflow.
  • Cameco Corporation confirms its 2026 production outlook remains between 17.5 million and 18.0 million pounds of U3O8, unaffected by the temporary suspension.
  • Utilities worldwide rely on Cameco for global nuclear fuel solutions, though management notes that actual results may differ if operations face further suspensions.
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Cigar Lake Mine Resumes Production

All amounts in Canadian dollars unless specified otherwise

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Business Wire broke the news in Crystal River, United States on Tuesday, July 14, 2026.
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