The Live Wire



Press Release

Increase in Ranger mine’s reserves and resources

27 October 2005

Rio Tinto’s 68.4 per cent owned subsidiary, Energy Resources of Australia (ERA), issued the following news release in Australia today.

  • Total reserves increased by 6,285 tonnes contained uranium oxide.
  • Total resources increased by 14,923 tonnes contained uranium oxide.
  • These increases result from a reduction in the cut-off grade from 0.12 per cent to 0.08 per cent uranium oxide.
  • The additional reserves will be processed between 2011 and 2014, adding three years to the predicted operational life of Ranger.

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