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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.51 | 0.75% | 68.79 | 69.12 | 68.42 | 68.96 | 3,193,760 | 01:00:00 |
From May 2019 to May 2024
LONDON--Savannah Resources PLC (SAV.LN) said Wednesday it has completed drilling at the Ravene deposit in Mozambique.
Savannah said the analysis is expected to be completed in February with results available thereafter. Results will be used to estimate an initial inferred resource over the Ravene prospect to potentially increase the Mutamba project's recently defined initial indicated and inferred mineral resource estimate of 3.5 billion tons at 3.8% total heavy minerals, Savannah said.
The Ravene deposit forms part of the Mutamba mineral sands project, being developed by Savannah and Rio Tinto PLC as part of a consortium agreement.
Shares at 085 GMT flat at 6 pence, valuing the company at GBP26.5 million.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
February 01, 2017 04:13 ET (09:13 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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