McArthur River uranium mine

Uranium deposit in Saskatchewan, Canada
the uranium mine in Canada

The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high grade uranium deposit. The McArthur River deposit was discovered in 1988. The property is located as the crow flies north of Saskatoon, Saskatchewan, and northeast of the Key Lake mill in the uranium rich Athabasca Basin. Mine construction began in 1997, with production commencing in 1999. The mine achieved full commercial production in November 2000. Production is regulated at of yellowcake a year with the ore being processed through the Key Lake mill. Between 2000 and 2013, the McArthur River/Key Lake operation produced U3O8. This production figure includes blended low grade stockpiles from the former Key Lake mine as well as ore derived from the McArthur River mine. Ignoring the fact that 2000 mostly saw a ramp up to full scale production and the effect of the Key Lake mine ore, this averages to roughly yearly production or some 96% of the above mentioned 18.7 million pound per year limit. In 2012, McArthur River was the world's largest producing uranium mine, accounting for 13% of world mine production. Canada, as a whole, produces 15% of the world's uranium production. In July 2018, citing continued low uranium prices, Cameco suspended McArthur River/Key Lake operations and placed the mine on care and maintenance. as of 2020, the mine remains under care and maintenance. On February 9, 2022, Cameco announced it would reopen the mine.

As of December 31, 2017, the mine had Proven and Probable Reserves of , with an average grade of 6.89% U3O8. At an average yearly production rate of this gives a calculated range of roughly 24 years.

During the most hazardous mining operations, remote controlled underground mining systems in this mine are used to reduce personnel exposure to rock particulates, radon gas, and other hazards. A video detailing the operations at the mine is provided by Cameco. The McArthur River mine has been awarded the Canadian Institute of Mining, Metallurgy and Petroleum's John T. Ryan Trophy for the best safety record for metal mines several times. This award is given to the metal mine with the best safety record for the previous year.

The mine is owned by Cameco (70%), and Orano Canada (30%) (formerly Areva Resources Canada, formerly COGEMA Resources Inc.) Cameco is the mine operator.

The mine is serviced by the McArthur River Airport to the northeast. It is also connected to the south by a restricted access haulage road. According to Google Maps, this road is Saskatchewan Highway 914, however the official 2011 highway map of Saskatchewan indicates that 914 terminates at a checkpoint at Key Lake mine, while the road that continues to McArthur is not a public highway (owned by Cameco) and does not appear on maps.

Given that much of the uranium recovered here goes to fuel CANDU reactors which can forgo uranium enrichment, it is possible to calculate a heating value for the uranium mined at this mine. At a typical burnup of 200 MWhthermal per kilo of heavy metal The yearly production of roughly is equivalent to roughly of uranium metal and per the above burnup value some (or the equivalent of ) of thermal energy can be produced from this much uranium in CANDU type reactors. For comparison, the North Antelope Rochelle Mine, formerly the largest coal mine in the world, produces some of coal per year at a heating value of for an overall heat content of roughly .