Denison Mines Corp. (DML.TO, DNN) announced that Denison Environmental Services, a division of Denison Mines Inc., a wholly owned subsidiary of the company, was awarded a three-year contract for care and maintenance at the Faro Mine Complex in the Yukon.
According to Denison Mines, the $7.2 million per annum contract was awarded following a six-month competitive public tender process overseen by the Government of Yukon. Denison Environmental Services will provide care and maintenance services at the Faro Mine Complex, including the ongoing collection and treatment of contaminated water, the management of uncontaminated runoff, the inspection and maintenance of dams and diversion channels, the monitoring of water quality, general maintenance and site security.
Denison Mines noted that the contract also includes provisions for training and employment opportunities for affected Yukon First Nations and Yukoners.
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