Rio completes Peak, Alumbrera sales

RIO Tinto has completed the sale of its 25% stake in Argentine copper-gold miner Minera Alumbrera and its wholly owned Peak gold mine in New South Wales to Canada's Wheaton River Minerals for a cash consideration of US$210 million.

Rio completes Peak, Alumbrera sales Rio completes Peak, Alumbrera sales Rio completes Peak, Alumbrera sales Rio completes Peak, Alumbrera sales Rio completes Peak, Alumbrera sales

Wheaton said the transaction made it Canada's eighth-largest gold producer with projected annualised gold production for 2003 of 458,500 gold equivalent ounces (371,000oz of gold and 6.

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