The present invention is a floatation process and associated apparatus for removing heavy metal waste from various effluent water streams. The process and apparatus generally introduces a population of fine diameter air bubbles and one or more flocculating chemicals into an effluent stream to produce buoyant floc structures that include the heavy metals and that can be removed from the effluent stream. The present invention provides a reliable, cost-effective means of removing heavy metals from effluent water streams.