Share

Regulator stops First Uranium operations

Johannesburg - First Uranium Corporation [JSE:FUM] said on Tuesday that the South African National Nuclear Regulator (NNR) has issued a directive to Mine Waste Solutions (MWS) to cease deposition of material on all of the existing tailings storage facilities, including the new life of mine tailings storage facility, citing alleged issues regarding pipeline maintenance and non-reporting.

The directive may be lifted by the NNR on First Uranium demonstrating its compliance with the terms of the directive.

In the interim, the company has complied with the directive and suspended operations.

The company said it believes that it materially complies with the requirements of the NNR Act and as such will be seeking injunctive relief from the local courts. 
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.98
+1.2%
Rand - Pound
23.76
+0.8%
Rand - Euro
20.36
+0.9%
Rand - Aus dollar
12.39
+0.7%
Rand - Yen
0.12
+1.4%
Platinum
916.10
+0.4%
Palladium
1,008.00
+0.3%
Gold
2,324.54
+0.4%
Silver
27.36
+0.7%
Brent Crude
88.02
-0.5%
Top 40
68,498
-0.1%
All Share
74,453
-0.1%
Resource 10
61,396
+1.6%
Industrial 25
103,017
-1.0%
Financial 15
15,874
+0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders