by Gabriel Caplett
Since opening its McArthur River uranium mine, in 1999, Cameco Corporation has been the world’s largest producer of uranium for use in power plants and weapons systems. While Canada supplies roughly 30% of the world’s uranium, McArthur provides 20% of the world’s supply and is the largest high-grade, underground uranium mine in the world.[1]
An April, 2003 cave-in and flood of radioactive water at McArthur stopped production for three months. Cameco admitted that consultant’s reports had warned of caving and flooding as the mine did not possess adequate water pumping and treatment capacity or proper contingency plans in the event of an accident. Cameco also conceded that their engineering used non-standard methodology and could not relate to standard industry practice.[2]
A Canadian Broadcasting Channel (CBC) report revealed that Cameco was expecting a flood months prior to the incident. Read the rest of this entry »
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