The acid mine drainage (AMD) generating sulfidic tailings have a total mass of 1,639,130 t containing 1.65 g/t Au, 34.5 g/t Ag, 7.74 % Fe, 5.91 % S, 3.2 % As, 0.75 % Zn and 0.05 % Cu. The precious metals Au and Ag are enriched in the fine fractions. Approximately 35 % of the material is below 25 /m in size and 53 % below 63 /m. Electron microprobe analysis of a sulfide concentrate of the tailings, produced by gravity separation, proved the occurrence of pyrite and arsenopyrite with appreciable sphalerite and galena. Refractory gold (up to 316 g/t) is hosted in Asrich zones of some arsenopyrites. Approximately 200 g of the sulfide concentrate of the tailings was biooxidized in laboratory shake flasks using an adapted mixed culture of Acidithiobacillus ferrooxidans (Ram 6F), Acidithiobacillus thiooxidans (Ram 8T) and Leptospirillum ferrooxidans (R3). During biooxidation, arsenopyrite was preferentially dissolved and the secondary mineral tooeleite (Fe8(AsO4)6(OH)5·H2O) precipitated. The following cyanidation of the biooxidized sulfide concentrate showed a recovery of 97 % and 50 % for Au and Ag, respectively. The values were 56 % and 18 % for the untreated concentrate. The recovery of Au and Ag from the tailings significantly reduces the costs for the tailings remediation to mitigate AMD release.