Uranium 2007

Resources, Production and Demand

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Based on official information received from 40 countries, Uranium 2007 provides a comprehensive review of world uranium supply and demand as of 1st January 2007, as well as data on global uranium exploration, resources, production and reactor-related requirements. It provides substantive new information from major uranium production centres in Africa, Australia, Central Asia, Eastern Europe and North America. Projections of nuclear generating capacity and reactor-related uranium requirements through 2030 are also featured, along with an analysis of long-term uranium supply and demand issues. It finds that with rising demand and declining inventories, uranium prices have increased dramatically in recent years. As a result, the uranium industry is undergoing a significant revival, bringing to an end a period of over 20 years of underinvestment.

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Nuclear Energy Agency

Uranium exploration in Canada began in 1942, with the focus of activity first at Great Bear Lake, Northwest Territories where pitchblende ore had been mined since the 1930s. In the post war period, exploration in the Athabasca Basin of northern Saskatchewan and in the Elliot Lake region of Ontario led to the development of additional mines. In the late 1960s exploration returned to the Athabasca Basin where large high-grade deposits were discovered and later developed. The last of the Elliot Lake mines closed in the 1990s and Saskatchewan is now the sole producer of uranium.

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