Grange Resources has received the greenlight to construct a new tailings facility at its Savage River mine.
The facility, which will be known as the South Deposit tailings Storage Facility, will allow for mining at the South deposit reserve and aid Grange’s existing Savage River operations to continue through to 2030.
“Approval has been granted for a storage capacity of up to 28 million cubic metres, which is well within the anticipated storage requirements indicated by the current Life of Mine Plan for the Savage River operations,” Grange’s MD Wayne Bould said.
This new facility is designed to replace the existing tailings storage facility, which is forecast to reach capacity in 2016.
Construction on the facility will take more than two years, and will begin in the last quarter of this year.
“This is a significant decision and marks a milestone in the company’s on-going operations that will enable us to provide ore from South Deposit in 2015, store our tailings and potentially mitigate inherited environmental legacy issues,” Bould said.