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ERA Energy Resources Of Australia Limited

0.0025
0.0005 (25.00%)
20 Dec 2024 - Closed
Delayed by 20 minutes
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

Authorities Order Suspension of ERA's Uranium Mine After Spill

09/12/2013 11:41pm

Dow Jones News


Energy Resources Of Aust... (ASX:ERA)
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   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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