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Unprecedented heavy rains made Ranger uranium pit wall unstable

The company said access to higher-grade ore in the lower levels of the open pit had been reduced, due mainly to instability on one of the pit walls and record rainfall at the mine in April.

Uranium output to fall 18 per cent: ERA | The Australian, 14 July 2010, ENERGY Resources of Australia (ERA) has flagged a drop in uranium oxide production of up to 18 per cent a year after its first-half output slumped, due largely to record rainfall affecting operations.

Shares in ERA closed 68¢, or 4.62 per cent, lower at $14.05.

The world’s fourth-largest uranium miner yesterday said it expected its Ranger mine in the Northern Territory to produce 4300-4700 tonnes of uranium oxide this year, down from 5240 tonnes last year. The Darwin-based company, which is 68 per cent owned by Rio Tinto, had previously expected production this year to be similar to last year’s…………

The company said access to higher-grade ore in the lower levels of the open pit had been reduced, due mainly to instability on one of the pit walls and record rainfall at the mine in April.

Uranium output to fall 18 per cent: ERA | The Australian

July 14, 2010 - Posted by Christina Macpherson | AUSTRALIA, climate change | antinuclear, AUSTRALIA, climate change, uranium