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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.04 | -0.03% | 129.45 | 129.10 | 129.95 | 130.12 | 129.10 | 129.39 | 1,526,193 | 09:50:00 |
By Adria Calatayud
Shares in Karelian Diamond Resources PLC fell Wednesday after the company said a long-running confidentiality agreement with Rio Tinto PLC lapsed as the companies haven't entered into a further extension.
Under the agreement, Rio Tinto disclosed to Karelian Diamonds confidential information relating to exploration in Finland in exchange for the option to earn a 51% interest in any project identified, Karelian said.
The agreement expired on June 30 after nearly a decade, Karelian said.
Karelian, a U.K.-listed, Finland-focused diamond-exploration company, said it is considering the best means to progress its exploration program.
Shares in Karelian at 1413 GMT were down 8.8% at 2.60 pence.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 01, 2020 10:42 ET (14:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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