Antinuclear

ERA talking about closure costs for Ranger uranium mine (have they budgeted enough?)

Era adds A$251m to Ranger closure plan  By: Esmarie Swanepoel, Mining Weekly, 11th April 2012 PERTH   – The CEO of uranium miner Energy Resources of Australia (Era), Rob Atkinson on Wednesday told shareholders that the company had increased the provision for the closure of its Ranger mine, in the Northern Territory, from A$314-million to A$565-million, following a desktop review.

At the company’s annual general meeting, Atkinson said that the miner would continue investigating its closure plan during the remainder of 2012…… He noted that the revised plan would support a review of the rehabilitation cost estimate, later this year.

April 16, 2012 - Posted by Christina Macpherson | business, Northern Territory, uranium