URANIUM 1.02% $24.70 uranium futures

Hart | January 31, 2009 Article from: The Australian URANIUM...

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    Hart | January 31, 2009
    Article from: The Australian

    URANIUM continues to stand out as a bright light amid the gloom of the resources sector.

    Energy Resources of Australia announced a 191 per cent jump in profit to a record $221.8 million last year.

    The Rio Tinto subsidiary also announced that reserves at its Ranger mine in the Northern Territory had increased 128 per cent to 115,000 tonnes of uranium oxide, largely as a result of lowering the cut-off grade.

 
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