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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Cameco’s Cigar Lake mine resumes production
Cameco employees walk down a tunnel to a Jet Boring System (JBS) machine during a media tour of Cameco's Cigar Lake uranium mine in Cigar Lake, Sask., Monday, June 15, 2026. (Image Credit: THE CANADIAN PRESS/Liam Richards)
Cameco restarts Cigar Lake uranium mine
Cameco (TSX: CCO; NYSE: CCJ) announced Wednesday its Cigar Lake uranium mine in northern Saskatchewan has resumed production activities following a temporary suspension due to challenges at the McClean Lake... The post Cameco restarts Cigar Lake uranium mine appeared first on The Northern Miner.
Cigar Lake Mine Resumes Production
All amounts in Canadian dollars unless specified otherwise
Cameco resumes production at Cigar Lake uranium mine
Production has resumed at Cameco’s Cigar Lake uranium mine in northern Saskatchewan following a temporary shutdown earlier this month. The company announced operations restarted after Orano’s McClean Lake mill resumed processing ore. Mining at Cigar Lake had been suspended on July 1 because operational issues at the mill’s sulphuric acid plant left the site unable to process uranium ore. Cameco says stockpiled ore is now being shipped to the McC…
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