Posts Tagged ‘direct-stake’

Newcrest invests in Sumatra gold projects

Australian gold major, Newcrest, is to take a direct stake in Sumatra Copper and Gold and earn-in and option on its Indonesian gold exploration projects Full story

Rio Tinto confirms Mongolian mine interest

Rio Tinto has ended months of speculation by confirming plans to swap its shares in Ivanhoe Mines for a direct stake in Mongolia’s Oyu Tolgoi copper and gold project, which is 66 per cent owned by the Canadian miner. Rio owns an indirect interest in Full story
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