Cameco Releases Public Environmental Review for New Uranium Mine in WA

Mining Australia reported that Cameco (TSX:CCJ,NYSE:CCO) released the public environmental review for a new uranium mine near Wiluna in West Australia, which it expects will create 225 jobs.
As quoted in the market news:

The Australian arm of Cameco released their Public Environmental Review (PER) yesterday, claiming there would be a focus on local employment if the Yeelirrie uranium mine is allowed to go ahead.
Development of the West Australian mine, 70km south of Wiluna, would also create 1200 construction jobs for the build of processing plant and associated infrastructure.
The resulting open cut mine would measure 9km long by 1.5 km wide, although excavation would only go to 10m deep.
The uranium ore is contained in calcrete which occurs below the water table, meaning the first eight mining blocks (of 15) will require dewatering a year ahead of the mining face.
Cameco bought Yeelirrie from BHP in 2012 for an investment of $US452 million (at average exchange $AUD436 million), and has since been reviewing over 10,000 historical and recent drill holes by BHP and the former project owner Western Mining Corporation, which made the discovery in 1972.

Click here to read the full Mining Australia report.