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| Name | Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Plc | NYSE:RIO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.8825 | 1.30% | 68.6625 | 68.86 | 67.895 | 68.86 | 3,019,687 | 01:00:00 |
From Apr 2019 to Apr 2024
LONDON-- Mining investor Anglo Pacific Group PLC (APF.LN) Tuesday said income from its main producing royalty, the Kestrel coal mine in Australia, is expected to be significantly higher than previously assumed based on a recent update from miner Rio Tinto PLC (RIO.LN).
The Company had previously expected minimal royalty income from Kestrel for the first half of 2015, but now expects approximately 22% of production from Kestrel in to be within the Company's royalty lands.
Shares at 0833 GMT, up 17 pence, or 14.6%, at 129 pence valuing the company at GBP150.5 million ($242.2 million).
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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