The Advertiser

Miner board in disarray

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HALF of Energy Resources of Australia’s board has quit after the uranium miner shelved the expansion of its Ranger mine in the Northern Territory.

Chairman Peter McMahon and independen­t non-executive directors Helen Garnett and David Smith resigned on Saturday, leaving just three members on the board.

ERA recently decided its proposed undergroun­d mine at Ranger will not proceed due to a sluggish uranium market.

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