ERA Expects Significant Boost From New Underground Uranium Mine

The Sydney Morning Herald reported that the Energy Resources of Australia (ERA) said that an approval to construct an underground uranium mine at its Ranger mine in Kakadu National Park will re-establish itself as one of the premier producers of uranium.

As quoted in the market news:

ERA expects to commence underground exploration drilling of the Ranger 3 Deeps exploration decline in the second quarter of 2013.

Click here to read the full Sydney Morning Herald report.