Uranium One Reports Breach of Storm Water Containment Dam at Dominion

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[{"type":"text","content":"\n\n\n\nTrading Symbols: UUU - Toronto Stock Exchange\n\n\nJSE Limited (Johannesburg Stock Exchange)\n\n\nTORONTO and JOHANNESBURG, Dec. 10 /CNW/ - Uranium One Inc. ("Uranium\nOne") reported today that a breach of a storm water containment dam located at\nthe Dominion Reefs Uranium Mine occurred at approximately 7:00 PM local time\non December 8, 2007 as a result of abnormally high rainfall in the Klerksdorp\narea (approximately 58 millimetres in 30 minutes). Repairs to the dam wall\nwere completed on the morning of December 9, 2007. A full inspection has\nconfirmed that no damage occurred to the tailings dam facility at Dominion.\n\n\nThe storm water containment dam is designed to contain surface run-off\nand the overflow from the tailings facility return water dam. Preliminary\nestimates are that approximately 100 megalitres of water were discharged into\nthe Jagspruit, a small stream which ultimately feeds into the Vaal River.\n\n\nThe breach of the storm water containment dam did not result in any\npersonal injury or loss of life. Based on initial water sampling and analysis,\nUranium One does not expect any environmental impact due to the discharge.\n\n\nOfficials at the Department of Water Affairs and Forestry, as well as the\nDepartment of Minerals and Energy were notified of the breach.\n\n\nAs a precautionary measure, operations at the DRUM processing plant were\nsuspended immediately following the incident. Processing operations resumed at\napproximately 9:00 AM local time on December 9, 2007.\n\n\nAbout Uranium One\n\n\nUranium One Inc. is a Canadian-based uranium producing company with a\nprimary listing on the Toronto Stock Exchange and a secondary listing on the\nJSE Limited (the Johannesburg stock exchange). The Corporation owns 70% of the\noperating Akdala Uranium Mine in Kazakhstan and is also developing the South\nInkai and Kharasan Uranium Projects in Kazakhstan. Uranium One owns the\nDominion Uranium Project in South Africa, as well as the Honeymoon Uranium\nProject in South Australia. In the United States, Uranium One has extensive\nproperty holdings in Wyoming, Texas, Utah and New Mexico, including the\nShootaring Canyon Mill and the Hobson ISR facility. Uranium One is also\nengaged in uranium exploration activities in the United States, the Athabasca\nBasin of Saskatchewan, South Africa, Australi...

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