Paladin’s Kayelekera Mine Damaged in High-intensity Storm

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced that on the night of January 5, 2015, its Malawi-based Kayelekara mine suffered some damage as a result of a high-intensity storm.

As quoted in the press release:

The resultant surge of stormwater caused the liner in the plant run-off tank to rupture, releasing up to 500m3 of material to the bunded areas of the site. Up to 0.05m3 (50 litres) may have overtopped one of the containment bunds due to the nature of the rainfall event at the time.

Following discovery of the damaged tank, the Company immediately commenced protection and remediation procedures and the site remains secure. A sampling programme to analyse water from within the local stream system was also initiated to confirm no contamination occurred.

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