RESOURCE WORLD ARTICLE: A Case for Athbasca Uranium

Resource World Article

February 2015

One of the more common elements in the Earth’s crust, uranium can be found almost everywhere, though concentrated ore bodies are relatively rare. Large deposits of uranium are found in Australia, Kazakhstan and Canada. The world’s largest uranium deposit, the Olympic Dam, is located in South Australia. Canada’s Athabasca Basin, in northern Saskatchewan, hosts two of the world’s seven largest uranium deposits: McArthur River and Cigar Lake.

High-grade deposits, however, are only found in Canada. The Athabasca Basin’s enormous uranium reserves have exceptionally high uranium concentrations with grades that are about 100 times higher than the world average.

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