Denison projects turned down

A joint federal-provincial panel has wagged a prohibitive finger at two Saskatchewan uranium projects involving Denison Mines.

The panel, set up to examine the economic and environmental impact of several uranium projects in the province, has recommended the Midwest joint venture not proceed.

As well, it recommended the McClean Lake project be delayed. In a third ruling, the panel approved development of the Janine Extension project near Cogema Resources’ Cluff Lake open-pit mine.

Cogema, Uranerz Exploration & Mining and Denison are involved in the Midwest play, while Denison and Cogema hold the McClean Lake project. Denison Chief Executive William James said the negative decision on Midwest came as a surprise.

“We didn’t expect they would say it was not acceptable,” he said in an interview.

It is left with the federal and provincial governments now to decide whether to follow the panel’s recommendations.

The panel, established in August, 1991, under the federal environmental assessment and review process and the Saskatchewan environmental assessment process, has yet to review and rule on Cameco Corp.’s Cigar Lake and McArthur River projects.

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