LEADERSHIP

Directors walk as ERA secures short-term Rio loan

THE dispute between Energy Resources of Australia's major shareholders over the future of the uranium mining in the Kakadu national park has resulted in Rio Tinto making a ‘modest’ loan to help plug a looming cash shortfall and to see off ERA’s independent directors.

Ranger will be returned to Kakadu eventually

Ranger will be returned to Kakadu eventually

Over the weekend Rio Australia CEO Kellie Parker asked ERA's chair, Peter Mansell, to consider his position and walk.   Having lost the public backing of its 86% shareholder, Mansell and fellow independents...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.