Antinuclear

Australian news, and some related international items

Northern Territory’s only uranium mine doubles last year’s crippling loss of money!

Ranger loses $51.5m http://www.ntnews.com.au/article/2012/07/27/312091_nt-business.html NIGEL ADLAM   |  July 27th, 2012 Ranger uranium mine. THE Territory’s only uranium mine has lost more money. Energy Resources of Australia said yesterday that Ranger suffered a loss of $51.5 million in the first six months of this year.

The operation lost $22.3 million in the same period last year. ERA said lower sales, lower prices and a strong Australian dollar were behind the result despite production doubling in the period.

About these ads

July 28, 2012 - Posted by | business, Northern Territory, uranium

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 215 other followers

%d bloggers like this: