Era starts construction of Ranger 3 Deeps decline

Uranium miner Energy Resources of Australia (Era) has started construction works at its Ranger 3 Deeps decline at the Ranger mine, in the Northern Territory. A 2.2 km decline would be constructed to a depth of around 400 m, the company said on...

Era adds A$251m to Ranger closure plan

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...

Era ups 2012 production forecast

Uranium miner Energy Resources of Australia (Era) reported higher first-quarter production despite lower mill head grade and revised its production forecast for 2012 slightly upwards. The owner of the Ranger mine, in the Northern Territory said...

Mid-term outlook for uranium still strong

The mid-term outlook for the uranium sector has again been reinforced, with research firm Resource Capital Research (RCR) reporting that the emergence of strong strategic investor support and acquisition activity in the uranium sector prove that...

ERA to study surface water at Ranger

Uranium miner Energy Resources of Australia (ERA) has launched an independent surface water study at its Ranger mine, in the Northern Territory, and the decommissioning of an interim water management pond on the Jabiluka lease. The miner said on...

Heavy rain causes ERA production to fall

Uranium miner Energy Resources of Australia (ERA) has reported a 30% drop in uranium oxide production for the full year ended December, tipping the company into the red. Uranium oxide production during the full year ended December reduced to 2...

ERA warns floods could limit 2012 output

Uranium miner Energy Resources of Australia (ERA) warned on Thursday that 2012 production might be affected by heavy rain continuing to impact on its Ranger mine in the Northern Territory. The miner reported a 30% production drop for 2011, after...

RCR sees buying opportunities emerging in uranium

While uranium traders remain cautious going into the first half of 2012, buying opportunities continued to emerge in the uranium sector, Sydney-based Resource Capital Research (RCR) said on Monday. RCR noted that the dynamics driving the...

ERA completes $380m raising

Rio Tinto subsidiary Energy Resources of Australia (ERA) has successfully completed the institutional component of its 12-for-seven accelerated renounceable entitlement offer, raising A$380-million. The uranium miner said in a statement that it...

ERA to raise A$500m for exploration at Ranger Deep

Rio Tinto subsidiary Energy Resources of Australia (ERA) said it would raise some A$500-million to fund the construction of its Ranger 3 Deeps exploration decline, and to further the studies into the Ranger 3 Deeps mine. The uranium producer on...

ERA ups full-year production guidance as operations resume

ASX-listed uranium miner Energy Resources of Australia (ERA) on Wednesday increased its full-year production guidance to 2 600 t, as operations restarted after the wet season. The Rio Tinto company to forced cease production at the Ranger mine...

Manganese export channel, uranium market outlook, mine nationalisation view

Transnet Freight Rail’s (TFR’s) newly reinstated CEO Siyabonga Gama wants manganese exported from Coega; the long-term outlook for uranium is seen as sound; and a political analyst says that South Africa’s centre should begin to assert...