Energy Resources of Australia output up 25%
The Ranger mine's processing facilities in the foreground and stockpiles in the background.
JOHANNESBURG (miningweekly.com) – Uranium miner Energy Resources of Australia (ERA), which owns the Ranger mine in the Northern Territory, increased its uranium oxide production by 25% year-on-year to 489 t (1.08-million pounds) in the June quarter.
The Rio Tinto company’s second-quarter production, however, was 18% less than the first quarter’s production, owing to the impact of planned maintenance on the quantity of ore milled in the period under review.
All ore milled during the June quarter was taken from existing stockpiles, in line with a strategic review announced in May.
The company previously indicated that it had 10 383 t of uranium oxide stockpiled at Ranger at December 31, 2015.
ERA initiated a strategic review after it failed to gain approval for an extension of its Ranger authority. The current authority permitted mining and processing activities to continue until January 2021 and allowed access for rehabilitation activities until 2026.
Besides processing stockpiled ore, ERA would also continue with the rehabilitation of the project area, while preserving the option for the future development of the Ranger 3 Deeps mine through ongoing care and maintenance of the exploration decline and related infrastructure.
ERA suspended work on the feasibility study for the proposed Ranger 3 Deeps underground mine a year ago, owing to uncertain market conditions in the uranium sector.
The Ranger 3 Deeps project considered the development of an underground mine to recover uranium from the Ranger 3 Deeps mineral resource, with most of the mining expected to occur between 200 m and 500 m below surface.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation