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Maroc Maroc - MININGMX.COM - A La Une - 04/Jul 12:50

Rio Tinto lifts stake in Malawi rutile/graphite project

RIO Tinto has increased its investment in a specialist minerals project in Malawi agreeing to exercise options in Sydney-listed Sovereign Metals. The mining group will buy about 35.4 million share options in Sovereign for A$18.5m (equal to 54 Australian cents a share) increasing its shareholding to 19.76%. Sovereign is developing the Kasiya Rutile-Graphite Project. Rio […]

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