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    Athabasca Basin Mining News

    Melissa Pistilli
    Jan. 26, 2010 10:22AM PST
    Resource Investing

        Canadian uranium miners in the Athabasca Basin are advancing projects. The Saskatchewan-based miner had originally planned to start production at the mine in 2008, but a rock fall brought on a flood in late 2006, stopping development. In June 2008, Cameco began pumping water out, but unfortunately the mine flooded again in August. …

     

     

    Canadian uranium miners in the Athabasca Basin are advancing projects.

    The Saskatchewan-based miner had originally planned to start production at the mine in 2008, but a rock fall brought on a flood in late 2006, stopping development. In June 2008, Cameco began pumping water out, but unfortunately the mine flooded again in August. In November 2009, the miner successfully stopped the inflow of water and by December workers were able to re-enter the main shaft.

    For complete article, click onto Uranium Investing News.

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