McArthur River Expansion

2008 - 2012

 

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Scope

The world’s largest, high grade uranium mine was sanctioned by Cameco and JV Partners AREVA (Orano) for a significant brownfield expansion to prepare the mine for new mining zones, to update and expand existing surface and underground infrastructure as well as laying the ground work for production flexibility at both the McArthur River Mine and Key Lake Mill sites. The mine had been running for approximately 10 years at this point from first production in 1999 to 2009. As a Program Director and Manager for Cameco Corporation, James lead the McArthur River Expansion (MRX) Program from initial scoping through to project delivery over period of approximately five years (2008-2012). The icons to the right represent areas that work worked on by James, Cameco team, consultants and contractors.

“In late 2006, Cameco initiated a strategic plan to revitalize the Key Lake facilities in order to ensure that the mill would be able to process McArthur River’s Mineral Reserves for the next thirty years. The key objectives of this plan are to refurbish or replace selected areas of the existing infrastructure, enhance environmental performance and increase nominal production capacity to approximately 25 Mlbs U3O8 per year.” [1]

[1] Technical report titled “McArthur River Operation, Northern Saskatchewan, Canada”, dated November 2, 2012 with an effective date of August 31, 2012.

Exploration

Exploration

Joint Venture Strategy

Joint Venture Strategy

Design Authority and Benchmarking

Design Authority and Benchmarking

Innovative Mining / Shaft Sinking / Milling / Tailings

Innovative Mining / Shaft Sinking / Milling / Tailings

Value Engineering and Project De-Risking

Value Engineering and Project De-Risking

Environment, Social, and Governance (ESG)

Environment, Social, and Governance (ESG)

Project Execution and Finances

Project Execution and Finances

Contract Management

Contract Management

Regulatory Engagement

Regulatory Engagement

 

Scale 

The total capital outlay of the MRX program as well as sustaining capital for the life of Asset (LOA) for the both the McArthur River and Key Lake Operations circa 2012 are referenced as $2.5 billion [2].

[2] “McArthur River Operation, Northern Saskatchewan, Canada”, dated March 29, 2019, with an effective date of December 31, 2018

 
Megaproject (>$ 1 Billion) construction value

Megaproject (>$ 1 Billion) construction value

PEA/PFS/FS/Execution

PEA/PFS/FS/Execution

International Office Management

International Office Management

Brownfields Projects

Brownfields Projects

Results

Both McArthur River mine and Key Lake mill expansions were substantially completed by Major Projects and site teams at McArthur River Mine and Key Lake Mill [2].

Project was awarded the Hatch-CIM Mining & Minerals Project Development Safety Award, May 2016 for the McArthur River substation, power distribution and back-up generation project.

[2] “McArthur River Operation, Northern Saskatchewan, Canada”, dated March 29, 2019, with an effective date of December 31, 2018

Front-End Engineering Design Complete

Front-End Engineering Design Complete

Life of Asset update or NI 43-101 Technical Report

Life of Asset update or NI 43-101 Technical Report

Community Engagement

Community Engagement

Regulatory Approvals

Regulatory Approvals

Permitting Complete

Permitting Complete

Overall Project Objectives Met

Overall Project Objectives Met

 
 

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