Paladin Energy Rejects Waste Discharge Accusations

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced that media reports implying that its Kayelekera mine is discharging waste materials into the local river system have been sourced from local non-government organizations (NGOs) and individuals that are “openly hostile” to Paladin.

The company also noted that the reports “contain numerous blatant falsehoods and misleading statements” and are aimed at causing turmoil.

As quoted in the press release:

As previously announced, Paladin plans to commence the controlled release of surplus water into the local river system in early 2015 (during the monsoonal wet season) and has modified a section of the treatment plant at KM to allow treatment to meet Malawi and internationally recognised discharge standards, including the World Health Organisation (WHO) drinking water guideline for uranium content. The controlled water release is necessary to avoid any possible unplanned and uncontrolled discharge of run-off water contained in storage ponds at KM during the period of Care and Maintenance. During production operations, captured run-off water is used and recycled in processing of uranium ore. As yet, there has been relatively light and infrequent rainfall in northern Malawi, hence little or no run-off has occurred. Therefore no water has been treated and released to-date.

Click here to read the full Paladin Energy Ltd. (ASX:PDN) press release.