CaNickel Granted Revised Environment Act Licence

CaNickel Mining Ltd. (TSX:CML) announced it has been granted a revised Environment Act Licence to construct and operate a land based tailing management area.

The press release is quoted as saying,

The TMA is an expansion of the existing Interim Tailing Storage Facility (the “ITSF”) and has a footprint of approximately 68.5 hectares to store all tailing from Bucko Lake Mine for the remainder of its existing mine life. Environmental studies indicated that the TMA would have a net benefit in relation to environmental impact, eliminating the need for sub-aqueous deposition of the tailing into Bucko Lake. The Construction of the TMA will be carried in two phases and the phase I construction is underway and expected to be completed by end of 2011 or early 2012.

For the complete press release, click here.