Jabiluka

ERA Resources says it needs to raise a significant sum for the Jabiluka remediation as money is quickly running out

by

Cottesloe-based fund manager Willy Packer is facing a major dilemma after Energy Resources of Australia warned it would run out of cash by the end of the year, reducing the value of its key asset to zero. ERA recorded an $89.8 million impairment on the Jabiluka uranium deposit near Kakadu National Park in the Northern … Read more

Energy Resources of Australia is fighting the dismissal of the Jabiluka lease in the Federal Court

by

Energy Resources of Australia will challenge the Australian Federal Government's surprise rejection of the Jabiluka uranium lease in court, with Resources Minister Madeleine King reportedly taking less than two days to consider her advice. The company told investors it had filed suit in the Federal Court on Tuesday against Minister King and Northern Territory Mining … Read more