Uranium supply in Canada rises to 576,000 tonnes

Total known uranium supply (measured, indicated and inferred) in Canada at the end of 1986 was estimated to be 576,000 tonnes, the ministry of energy, mines and resources reports.

That total is up from the 551,000 tonnes reported for 1984, the year of the last full assessment. The greatest change since 1984 is a 30% increase in meas ured resources, mainly in Saskatchewan.

About 85% of Canada’s annual uranium output is available for export. Canadian producers shipped 10,977 tonnes of uranium in 1986, valued at $923 million, the ministry reports.

As for new discoveries, the Athabasca Basin in northern Saskatchewan, a target for the discovery of high grade uranium deposits, remains the focus of exploration activity, reports the ministry. Exploration expenditures increased in 1986 to $33 million and are expected to reach $36 million this year.

Canada exports its uranium primarily to Japan, western Europe and the United States.

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