MEDIA RELEASE: Thursday 19th November
Shareholders at Perth based company Paladin’s AGM will call for the non-operational Kayelekera uranium mine in Malawi to be closed and rehabilitated. Calls for rehabilitation follow years of community opposition to the mine and failure to prevent the release of radioactive material into the environment.
The mine has been under ‘care and maintenance’ for several years due to the falling demand for uranium globally.
Charles Roche from the Mineral Policy Institute who will be attending the meeting said “With predicted operating costs almost double the long-term uranium price, there is a real danger that Kaylekera will be abandoned or sold off to reduce company debt. Instead of endless optimism Paladin should be honest about the possibility of re-commencing of mining in the next few years and begin rehabilitation works to protect communities, secure the site and end the cycle of financial losses”.
Mia Pepper, CCWA nuclear free campaigner who is in Africa at the Nuclearization of Africa conference this week said “We’ve been asking, along with French group CRIIRAD, for Paladin to release monitoring data from testing downstream from the mine. CRIIRAD have completed intermittent tests which indicate there is some radiological impact from the Kayelekera mine on the environment.”
“As the mine is about to go into a third year of being in Care and Maintenance we are concerned about the ongoing management of water on site and the structural integrity of the site. We would like to see this mine going into early rehabilitation, given the failures of Paladin to address community concerns, the clear local opposition to the project and the failure to contain radiological material onsite and an uncertain future. Rehabilitation should be done to the same standards expected in West Australia.”
Paladin has two uranium exploration projects in WA, also on hold given the stagnant uranium price and no mid term prospects of improvement. Paladin’s project in Qld is on hold indefinitely given that the Queensland Government reinstated the ban on uranium in Qld. Their JV proposal in the NT is also indefinitely on hold given strong opposition from the NT Government and Alice Springs residents.