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Last A$0.36 AUD
Change Today 0.00 / 0.00%
Volume 341.8K
ERA On Other Exchanges
As of 2:10 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

energy resources of aust (ERA) Snapshot

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09/4/14 - A$1.41
52 Week Low
06/19/15 - A$0.34
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energy resources of aust (ERA) Details

Energy Resources of Australia Ltd engages in mining, processing, and selling uranium ore deposits. It mines uranium ore and produces drummed uranium oxide at its Ranger mine located in Northern Territory, Australia. The company also holds title to the Jabiluka deposit located north of Ranger. It sells its product to power utilities in Asia, the United States, Europe, and Africa. The company was founded in 1980 and is headquartered in Darwin, Australia. Energy Resources of Australia Ltd is a subsidiary of North Limited.

389 Employees
Last Reported Date: 02/15/15
Founded in 1980

energy resources of aust (ERA) Top Compensated Officers

Interim Chair of the Board, Chief Executive O...
Total Annual Compensation: A$564.0K
Chief Financial Officer
Total Annual Compensation: A$137.0K
General Manager of Operations
Total Annual Compensation: A$477.0K
Chief Advisor of Agreements
Total Annual Compensation: A$519.0K
General Manager of Technical & Major Studies
Total Annual Compensation: A$385.0K
Compensation as of Fiscal Year 2014.

energy resources of aust (ERA) Key Developments

Energy Resources of Australia Ltd. Reports Production Results for the Second Quarter and Six Months Ended June 2015

Energy Resources of Australia Ltd. reported production results for the second quarter and six months ended June 2015. For the quarter, the company Ore milled of 524,000 tonnes, mill head grade of 0.09%, Mill recovery of 78.5%. Total evaluation expenditure for the June 2015 quarter was $3 million, compared to $4 million in the March 2015 quarter. The evaluation expenditure for the June 2015 quarter related to the Ranger 3 Deeps Prefeasibility Study. For the six months, the company Ore milled was 1,138,000 tonnes compared to 46,000 tonnes a year ago. Mill head grade was 0.10% compared to 0.08% a year ago. Mill recovery was 81.4% compared to 85.2% a year ago.

Energy Resources of Australia Ltd. Announces Board and Executive Changes

Energy Resources of Australia Ltd. announced that its Chairman, Mr. Peter McMahon, and independent non-executive directors, Dr. Helen Garnett and Dr. David Smith, have resigned as directors of the company, with effect from 20 June 2015. The Board has appointed Andrea Sutton as interim Chair of the Board.

Energy Resources Australia to Cease Ranger Uranium Mine in N. Australia

Energy Resources Australia has confirmed its controversial Ranger uranium mine in the Northern Territory will cease operations in 2021. The Ranger, located in world heritage listed Kakadu National Park in Northern Australia, has been the subject of protests by anti-nuclear activists and environmental conservationists. The company announced that it would forgo its Ranger 3 Deep expansion plans in light of the post Fukushima Daiichi nuclear accident uranium market.


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