MINE SITE NEWS Stay Granted for McLean Lake Mine

The Federal Court of Appeal has stayed the lower court decision that quashed the operating license of the McLean La...

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The Federal Court of Appeal has stayed the lower court decision that quashed the operating license of the McLean Lake uranium mine in Northern Alberta. The mine and mill will continue to operate pending the outcome of an appeal, regulatory requirements, or changes in legislation.

Late in September 2002, the Trial Division of the Federal Court of Canada ruled that the 1999 McLean Lake operating licence was invalid. The action was brought by a coalition of several churches opposed to uranium mining on environmental and humanitarian grounds. The stay was announced by DENISON ENERGY, which holds a 22.5% interest in the mine. COGEMA RESOURCES holds 70% and is operator of the project. McLean Lake is licensed to produce 3,630 tonnes of uranium concentrates annually.

The principals maintain web sites at www.denisonenergy.com and www.cri.ca

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