Nuclear Roundup, Cameca Trying Again at Cigar Lake and Germany officially Extends Nuclear Reactors

1. Cameco trying to drain Cigar Lake again. Hope to drain the water in 6 months and then assess mine. Cigar Lake is a big mine with about 176000 tons of uranium reserves and under full production would be expected to produce 9000 tons/year. This would be about 20% of current natural uranium production and about 14% of current uranium demand.

A list of technical options for Cigar Lake

2. German coalition has officially agreed to extend nuclear power plants in Germany