Dryblower and the end of an era (squared)

THERE are always winners and losers when an era ends but it’s not often that Dryblower can say an era ended in more ways than one last week when Energy Resources of Australia (which has the stock-exchange code of ERA) ended an era in Australian uranium mining.

By deciding to not proceed with a third-stage open pit cut-back at its Ranger mine in the Northern Territory ERA tossed what the Americans call a curve ball into the uranium industry.