Since 2010 ERA have lost enough capital through operations and its - TopicsExpress



          

Since 2010 ERA have lost enough capital through operations and its failing underground exploration decline tunnel to pay for its entire site rehabilitation costs estimated at $600 million. Instead ERA have been allowed to continue operations while making strong hints to government that it will seek a taxpayer funded handout for eventual clean-up. The WA and QLD State governments rush to join this money-pit industry proves a total lack of regard for economic and environmental sense. theaustralian.au/business/mining-energy/era-loss-blows-out-as-uranium-price-in-doldrums/story-e6frg9df-1227008832720?nk=93a9850f4b7c6de6e6e97f186e669e44
Posted on: Thu, 31 Jul 2014 23:31:36 +0000

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