LEADERSHIP

Directors walk as ERA secures short-term Rio loan

THE dispute between Energy Resources of Australia's major shareholders over the future of the uranium mining in the Kakadu national park has resulted in Rio Tinto making a ‘modest’ loan to help plug a looming cash shortfall and to see off ERA’s independent directors.

Ranger will be returned to Kakadu eventually

Ranger will be returned to Kakadu eventually

Over the weekend Rio Australia CEO Kellie Parker asked ERA's chair, Peter Mansell, to consider his position and walk.   Having lost the public backing of its 86% shareholder, Mansell and fellow independents...

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