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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rio Tinto Plc | LSE:RIO | London | Ordinary Share | GB0007188757 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
134.00 | 2.55% | 5,388.00 | 5,390.00 | 5,392.00 | 5,449.00 | 5,317.00 | 5,335.00 | 5,844,526 | 16:35:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 54.86B | 10.06B | 6.1815 | 8.72 | 87.72B |
By Christian Moess Laursen
Greatland Gold said Tuesday that it has entered a farm-in and joint-venture agreement with Rio Tinto Exploration to accelerate exploration across a tenure near Greatland's Havieron gold-copper project.
The mining company said the tenure--located within the Paterson Province of Western Australia--is highly prospective, and there has been historical delineation of gold in rock chips and copper intersected with strong correlation to a Telfer style deposit.
Initial minimum commitment is 1.1 million Australian dollars ($719,180) as well as 2,000 meters of drilling before 2024 year-end.
Greatland is entitled to earn up to a 75% joint-venture interest in the project tenements under the farm-in arrangement.
Drilling will begin during 2023, the company said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
May 30, 2023 03:17 ET (07:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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