First Uranium Commissions Talings Storage Facility

First Uranium Corporation (TSX: FIU) reports that it has commissioned its tailings storage facility at the at the Ezulwini Mine.

The press release is quoted as saying:

First Uranium’s President and CEO, Deon van der Mescht, said, “The commissioning of the new TSF is a major milestone as it secures the future of the MWS project, allowing it to re-treat 15 tailings dams for the gold and uranium content over the 15 year life of the operation”.

The ability to re-treat the historical tailings dams also secures significant social benefits, which will accrue to the surrounding community.  The removal of these old dumps will reduce the salt load on the Vaal River by up to 50% compared to current levels. Additionally, the removal of gold and uranium as well as other sources of pollution will improve the quality of the groundwater, while rehabilitation of the associated footprint areas will realize land that can be utilized for alternative sustainable development initiatives such as housing, industrial development and grazing.

Click here to access the entire news release.