M&A

Bigger slice in Ivanhoe for Rio

RIO Tinto has indicated it will increase its stake in Robert Friedland's Ivanhoe Mines to 34% when the Mongolian Government gives the developmental green light to the massive Oyu Tolgoi deposit.

MiningNews.Net
Bigger slice in Ivanhoe for Rio

According to Reuters, Rio chief executive copper Brett Clayton said the company would exercise its options to acquire the 34% stake in the company as soon as a final investment agreement into the Oyu Tolgoi...

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