Mining Weekly reported that after years of negotiations, uranium miner Energy Resources of Australia has finally signed an agreement with the Mirarr traditional owners near the Ranger mine, situated in the Northern Territory.
As quoted in the market news:
Under the new agreement, the Mirarr traditional owners would receive an increased share of the financial benefits from the Ranger mine, while a regional sustainability trust would deliver social initiatives to the local region.
Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.Connect here and don't miss their next catalyst!Learn More