Aura Energy Limited Environmental approval for Tiris uranium project
October 05 2017 - 2:10AM
UK Regulatory
TIDMAURA
5 October 2017
AURA ENERGY LIMITED
("Aura" or the "Company")
TIRIS URANIUM PROJECT DEVELOPMENT
ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT (ESIA) APPROVED BY KEY GOVERNMENT
MINISTRIES
STRONG GOVERNMENT SUPPORT CONTINUES
Aura Energy Limited (AEE; ASX, AURA; AIM) is pleased to advise that the
Environmental and Social Impact Assessment ("ESIA") for the Tiris Uranium
Project in Mauritania has been approved by the Mauritanian Government.
The approval of this key element of the Tiris Project approvals process follows
the submission of the Mining Lease application for the project in May this year
and the subsequent comprehensive process of Ministerial and Public
consultations regarding the impact of the development of Tiris project. This
approval has been finalised in line with the target schedule for the project.
Commenting on the approval of the ESIA, Peter Reeve, Aura Energy's Executive
Chairman said:
"For a uranium project one of the most important steps in its path to
development is the environmental approval step. Achieving this milestone for
Aura's Tiris Uranium Project on schedule and with the strong support of the
Mauritanian Government is another solid step forward for Aura to production and
cashflow. This step is pivotal as the main project precursor to pursuing
production offtake and project financing arrangements."
The ESIA, an exhaustive 1000-page document, and Mining Lease application papers
were subjected to extensive review by all relevant authorities and key
stakeholders, including a stipulated Public Consultation Process before the
grant of the Environmental Approval. The Environmental Approval covers all
mining and processing activities, including the establishment of all the
required management plans for radiation management.
Key activities undertaken during the ESIA process, which was managed by a
multi-disciplinary group of specialist consultants, included environmental
baseline monitoring studies, flora and fauna within and around the tenement
area, ecosystem and habitat sensitivity surveys, noise and air quality studies,
water studies, and extensive community engagement.
Additionally, the study focused on archaeological and cultural heritage,
population and migration patterns of Nomadic tribes in the region. Consultation
between the Mauritanian Environment Ministry and International Radiation
agencies also formed part of this process.
Aura will be required to set up a radiation monitoring system under the
supervision and control of the National Radiation Protection, Nuclear Safety
and Security Authority (ARSN). It was also recommended that a quarterly report
be submitted on the state of implementation of the environmental and social
management plan.
For further information please contact:
Aura Energy Limited Telephone: +61 (3) 9516 6500
Peter Reeve (Executive Chairman and Email: info@auraenergy.com.au
CEO)
WH Ireland Limited Telephone: +44 (0) 207 220 1666
Adrian Hadden
James Bavister
Yellow Jersey PR Limited Telephone:
Felicity Winkles +44 (0) 7769 325 254
Joe Burgess
END
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