|
The development objectives of the Mining Environmental Restoration Project for Argentina are to: a) strengthen Government of Argentina's capacity to assess and mitigate environmental risks associated with closed uranium mines, processing sites, and related mining sector investments in accordance with international good practice; and b) reduce potential economic and health damages associated with a closed uranium mining site in Malargue, Mendoza. This paper presents a level two restructuring of the project, aimed at implementing the recommendations of the recent Medium Term Review (MTR). Specifically, an extension of the project's closing date by 21 months is requested, to guarantee that all tailings at Malargue can be contained, as per agreed procedures, ensuring that all environmental and human health risks are permanently addressed. This restructuring also incorporates additional recommendations of the MTR, which are described in more detail in the following sections. The changes will not have an impact on the original scope of the Project Development Objective (PDO) or the intermediate objectives of the project. The closing date will be extended from November 30, 2013 to August 30, 2015.
|
