Idemitsu owns equity of the Cigar Lake mine that is producing uranium ore in Canada. The mine is located in northern Saskatchewan, Canada and it has world class scale uranium deposit and grades. Also the Cigar Lake mine is expected to be the second largest uranium mine in the world at the time of full production.
Cigar Lake Joint Venture Partnership
- Idemitsu Canada Resources Ltd., 7.875%
- Cameco Corporation (mine operator), 50.025%
- AREVA Resources Canada Inc., 37.100%
- TEPCO Resources Inc., 5.000%