Antinuclear

Australian news, and some related international items

Uranium company ERA’s “horror year” continues

bull-uncertain-uraniumProduction slump caps a horror year for ERA BARRY FITZGERALD THE AUSTRALIAN JANUARY 10, 2014  RIO Tinto’s listed uranium subsidiary Energy Resources of Australia (ERA) has finished off a horror year by reporting a near 60 per cent slump in December quarter production from its Ranger mine in the Northern Territory.

A severe production fall was expected because of the absence of high-grade material following the cessation of mining operations in the open-cut at Ranger. But things got worse on December 7 when a leach tank at the processing operations collapsed, forcing a shutdown for clean-up and a wait for regulatory approval to restart processing operations. … (registered readers only) HTTP://WWW.THEAUSTRALIAN.COM.AU/BUSINESS/MINING-ENERGY/PRODUCTION-SLUMP-CAPS-A-HORROR-YEAR-FOR-ERA/STORY-E6FRG9DF-1226798542510#

January 10, 2014 - Posted by | Northern Territory, uranium

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