Joint Venture partners Denison Mines and Orano Canada have announced plans to restart uranium mining operations at the McClean Lake mine in Canada.
Operations at McClean Lake, owned by the McClean Lake JV in which Orano is the operator and has a 77.5% stake, were suspended in 2008 in response to weak uranium prices.
The operations, set to begin in 2025, will use the JV’s patented surface access borehole resource extraction, or Sabre, mining method.