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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Energy Resources Of Australia Limited | ASX:ERA | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0005 | 25.00% | 0.0025 | 0.002 | 0.003 | 0.003 | 0.002 | 0.003 | 1,945,883 | 05:10:10 |
By Rhiannon Hoyle
SYDNEY--Energy Resources of Australia Ltd. (ERA.AU) said government officials had ordered it to shut its flagship Ranger uranium mine in Australia's Northern Territory indefinitely, following a spill of radioactive spill on Saturday.
The company, majority owned by Rio Tinto PLC (RIO), shuttered the Ranger mine after reporting a leak from a leach tank containing radioactive slurry. The news sent shares in the company down 13% Monday.
Darwin-based ERA said the suspension will remain in place until it can demonstrate to the government that its operations there don't pose a risk to people or the local environment.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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