{"id":759437,"date":"2026-07-13T00:45:09","date_gmt":"2026-07-13T00:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/759437\/"},"modified":"2026-07-13T00:45:09","modified_gmt":"2026-07-13T00:45:09","slug":"a-look-at-canadas-uranium-mining-industry-and-its-plan-for-nuclear-plants","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/759437\/","title":{"rendered":"A look at Canada&#8217;s uranium mining industry and its plan for nuclear plants"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/D0037F8F758BEDD6A8DD102C2EF6CA2A286728BCFA883A48DE1CCD60B61E3EE4\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fcp_finance_889%2F9ecdedb7c86d1d8a492281b5135007d0\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" height=\"638\" width=\"960\" class=\"yf-lglytj loader\"\/><\/a> Cameco employees walk down a tunnel to a Jet Boring System (JBS) machine during a media tour of Cameco&#8217;s Cigar Lake uranium mine in Cigar Lake, Sask., Monday, June 15, 2026. THE CANADIAN PRESS\\Liam Richards &#8211; The Canadian Press           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">CIGAR LAKE, SASK. \u2014 After about a decade of stagnation, the nuclear industry is now seeing what some are calling a renaissance. Here&#8217;s a look at the sector in Canada and its future plans.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Canada is the world&#8217;s second-largest uranium producer  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In 2024, Canada produced 14.3 kilotonnes of uranium or about $3 billion in production value. The radioactive material is used to create electricity in most nuclear power plants.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The world&#8217;s top producer is Kazakhstan.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Saskatchewan mines  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">All of Canada&#8217;s uranium comes from mines in Saskatchewan. Three mines are currently producing the mineral, including Cameco&#8217;s Cigar Lake and McArthur River mines. Orano also operates the McClean Lake mine.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Saskatchewan&#8217;s government says the sector employed 3,420 people in 2023.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Future mining expansion  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Two companies are building new mines in Saskatchewan. Denison Mines Corp. is working on the Wheeler River project. NexGen Energy Ltd. is constructing its Rook I site.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Nuclear plants  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Canada has four nuclear power plants, three in Ontario and one in New Brunswick.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Ontario is building a small modular reactor at the existing Darlington station in Bowmanville, northeast of Toronto. Saskatchewan is planning to construct a small reactor in the 2030s.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The federal government&#8217;s plan  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Ottawa has proposed 10 new reactors by 2040. It also wants to sell Canadian-made reactors to more countries and double uranium exports by 2035.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This report by The Canadian Press was first published July 12, 2026.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Jeremy Simes, The Canadian Press  <\/p>\n","protected":false},"excerpt":{"rendered":"Cameco employees walk down a tunnel to a Jet Boring System (JBS) machine during a media tour of&hellip;\n","protected":false},"author":2,"featured_media":759438,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[103,325137,192,325140,205692,325139,79,59291,325138],"class_list":["post-759437","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-canada","tag-cigar-lake","tag-environment","tag-nuclear-industry","tag-nuclear-power-plants","tag-sask","tag-science","tag-the-canadian-press","tag-uranium-producer"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/759437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=759437"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/759437\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/759438"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=759437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=759437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=759437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}