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RIO Rio Tinto Plc

5,467.00
25.00 (0.46%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  25.00 0.46% 5,467.00 5,464.00 5,466.00 5,499.00 5,447.00 5,475.00 1,971,631 16:35:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 54.86B 10.06B 6.1815 8.84 88.94B

Rio Tinto Completes Sale of Cortez Gold Royalty for $525 Million

02/08/2022 8:03am

Dow Jones News


Rio Tinto (LSE:RIO)
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By Kyle Morris

 

Rio Tinto PLC said Tuesday that it has completed the sale of a gold royalty on an area including the Cortez mine operational area and the Fourmile development project in Nevada to RG Royalties LLC for $525 million in cash.

The mining company said the deal unlocks value from the portfolio and releases cash immediately.

RG Royalties is a direct, wholly owned subsidiary of Royal Gold Inc.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

August 02, 2022 02:48 ET (06:48 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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