Cameco announced that 0.34 million pounds (100% basis) of uranium concentrate was produced from milling Cigar Lake ore in 2014, in line with its most recent expectations.

Packaged production is expected to be 6 to 8 million pounds (100% basis) in 2015. The company continues to expect Cigar Lake to ramp up to its full annual production rate of 18 million pounds (100% basis) by 2018 (Cameco's share 9 million pounds). The annual production rates during rampup will be adjusted as necessary based upon operating experience.