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Uranium One Announces Receipt of Environmental Licence for Honeymoon
Uranium One Announces Receipt of Environmental Licence for Honeymoon.
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: SXR - Toronto Stock Exchange, Johannesburg Stock Exchange\n\nTORONTO, ON, and JOHANNESBURG, South Africa, Sept. 29 /CNW/ - sxr Uranium\nOne Inc. (Uranium One) is pleased to announce that the Environment Protection\nAuthority of Southern Australia has issued the final licence required under\nthe Radiation Protection and Control Act (1982) for commercial uranium mining\noperations at its Honeymoon Project.\nThe Project currently has an approved Environmental Impact Statement,\nMining Lease and uranium export licence.\nWork on construction of the Honeymoon in-situ leach uranium mine,\nAustralia's fourth uranium mine, will commence before the end of this year,\nand production is due to begin in 2008.\nUranium One's President and CEO, Neal Froneman commented:\n\"We are pleased to have been issued this licence from the Environment\nProtection Authority. This is another milestone in the development of the\nHoneymoon Project and we look forward to advancing towards commencement of\nproduction early in 2008.\"\n\nAbout sxr Uranium One\n\nsxr Uranium One Inc. is a Canadian uranium and gold resource company with\na primary listing on the Toronto Stock Exchange and a secondary listing on the\nJSE Limited (the Johannesburg stock exchange). The Corporation owns the\nDominion Uranium Project in South Africa and the Honeymoon Uranium Project in\nSouth Australia, as well as a number of exploration projects. The Corporation\nholds an approximate 71% interest in Aflease Gold Limited, which owns the\nModder East gold project in South Africa. Through a joint venture with\nPitchstone Exploration Ltd., the Corporation is also engaged in uranium\nexploration activities in the Athabasca Basin of Saskatchewan.\n\nCautionary Statement\n\nNo stock exchange, securities commission or other regulatory authority\nhas approved or disapproved the information contained herein.\n\nThis News Release includes certain \"forward-looking statements\" within\nthe meaning of the Private Securities Litigation Reform Act of 1995 and\n\"forward-looking information\" within the meaning of applicable Canadian\nlegislation. All statements other than statements of historical fact included\nin this release including, without limitation, statements regarding future\nplans and objectives of Uranium One and the timing of commencement of\nconstruction activ...