Rio Tinto readies for Mongolia pounce | |
March 10, 2014 15:58 | |
The Australian reported that Rio Tinto is edging closer to snaffling the stake in Canada's Turquoise Hill Resources it does not already own in a move to shore up its exposure to key copper asset Oyu Tolgoi as it tries to counter a predicted drop in the iron ore price. Rio Tinto will make cash of fer of about CAD 8 per share for the group which would value the stake at CAD 19.09 billion. The remaining 49.2% stake in Toronto Exchange listed Torquoise is currently valued at CAD 4.495 billion,... |
Exchange Rate
Foreign shares
New York Stock Exchange | ||
Name | Closing | Changes |
BHP Billiton Ivanhoe Mines |
90.53 23.3 |
1.44 0.00 |
Australian Stock Exchange | ||
Name | Closing | Changes |
General Mining Corp Aspire Mining Limited |
0.145 0.52 |
0.00 -0.02 |
London Stock Exchange | ||
Name | Closing | Changes |
Petro Matd Limited polo Resources Limited |
123.5 5.4 |
0.00 0.02 |
Hong Kong Stock Exchange | ||
Name | Closing | Changes |
Mongolian Mining Corporation Mongolia Energy |
9.59 1.14 |
0.00 -0.06 |
Toronto Stock Exchange | ||