January 20, 2010 / 1:50 PM / in 8 years

UPDATE 1-Canada's First Uranium MWS project hits snag

* Environmental permit for new tailings facility withdrawn

* Company seeking clarification from local authorities

TORONTO, Jan 20 (Reuters) - Canada’s First Uranium Corp FIU.TO said on Wednesday that officials have withdrawn the company’s environmental authorization for a new tailings storage facility at its MWS tailings recovery project in South Africa.

First Uranium’s Mine Waste Solutions (MWS) site, located 160 kilometres (100 miles) from Johannesburg, is a tailings recovery operation. MWS consists of 14 tailings deposits from three gold and uranium mines that had operated for 50 years, the company is using modern extraction methods to recover both gold and uranium at the site.

The North West Provincial government’s Department of Agriculture, Conservation, Environment and Rural Development (NWDACE) withdrew the company’s environmental authorization unexpectedly, said First Uranium, which is now seeking clarification from the NWDACE before taking any action.

The company said it will keep shareholders informed as more information becomes available. (Reporting by Euan Rocha, editing by Maureen Bavdek)

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