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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 Ross Kelly
SYDNEY--A new underground uranium mine alongside Energy Resources of Australia Ltd.'s (ERA.AU) recently-depleted Ranger pit will cost at least 175 million Australian dollars (US$182.3 million) to build, Chief Executive Rob Atkinson said in an interview Friday.
ERA has already committed A$120 million to evaluate the potential of the Ranger 3 Deeps prospect. It wants to decide on whether to build a new mine by mid-2014, in time to start producing uranium oxide by late 2015.
Write to Ross Kelly at ross.kelly@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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