The Ranger Mine makes a Come Back
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Topic: Uranium Mining Stocks — October 17th, 2007
In a production report issued by Energy Resources of Australia Ltd (ERA) covering the quarter ending in September the company said production at its Ranger mine in The Northern Territory was returning to normal after heavy rains had flooded the mine earlier this year.
This is very good news for Ranger as contaminated floodwater is not the easiest of problems to deal with. Furthermore the company went on to say:
“In the latest quarter, drummed production of 1,363 tonnes of uranium oxide was 24 percent more than the same quarter a year earlier due to the processing of high grade ore made available through the implementation of various water disposal measures at the mine site”.
If there are any Ranger Mine fans out there that can enlighten us further on the progress at Ranger please feel free to add your comments.
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it is great!
Comment by Petrov — November 14, 2007 @ 4:11 am