CAPITAL MARKETS

ERA slashes guidance again

INVESTORS have frowned on Energy Resources of Australia in morning trade after the uranium miner announced further cuts to its 2010 uranium production guidance which is expected to adversely impact on earnings.

MiningNews.Net

ERA slashes guidance again

ERA, which is 68%-owned by Rio Tinto, anticipates 2010 production to now be in the vicinity of 3900 tonnes, down from its previous guidance of 4300-4700t, as a result of lower than expected mined ore grade...

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