The company will now move to the rehabilitation phase of the area, which is expected to cost about A$808 million ($620m) and must be completed by January 2026.The Ranger uranium orebody, the richest in the southern hemisphere, was discovered in late 1969 by geologists who were investigating radiometric anomalies detected by air surveys. Drilling over the next two years defined several orebodies and a proposal to mine the area was drafted.Open cut mining started at Ranger in 1980, with the mine reaching full production of uranium oxide a year later. The mine led to the construction of the town of Jabiru in 1982, originally a closed community for mine employees.A total of three pits were developed by 2012. During that time, there was talk of developing an underground resource discovered in 2009. After a prefeasibility study into the Ranger 3 Deeps resource and opposition from traditional land owners, ERA’s board chose not to proceed.Both the operation and the mining town of Jabiru are surrounded by a World-Heritage-listed National Park — Kakadu. This makes ERA’s rehabilitation work and future monitoring of the project area an issue of federal significance.
Mining News Pro - SolGold announced on Tuesday that Nick Mather would step down as CEO, after 13 years at the helm of the company.
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Mining News Pro - Having been on care and maintenance since March 2020, TSX-listed base metals miner Trevali Mining has announced the planned restart of operations ...
Mining News Pro - Caledonia Mining Corporation produced a record 57 899 oz of gold in 2020, meeting the top end of its revised increased guidance for the year.