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Rio Tinto completes US$15.2 billion share sale
Rio Tinto, the world's third-largest mining company, completed this year's second biggest share sale, reducing the high level of debt that forced it to consider selling stakes in its most valuable assetsSylvania, Ruukki join to create large PGM producer
South African platinum group metals (PGM) producer Sylvania Resources Ltd is planning to merge with Finland-based ferrochrome and PGM company Ruukki Group plc in a €268 million (US$379 million) dealJupiter signs offtake, cash deal with Posco
Korean steelmaker Posco will take a 16.65% stake in Jupiter Mines Ltd through a A$7.81 million (US$6.25 million) investment and offtake deal with the iron-ore explorerAfrican Minerals raises cash for Tonkolili drilling
Sierra Leone iron-ore explorer African Minerals Ltd has secured more than US$100 million, which it will use to delineate a 10,000Mt resource at its Tonkolili projectIFC invests
International Finance Corp (IFC), a member of the World Bank Group, has agreed to buy a C$6 million (US$5.2 million) stake in Antares Minerals Inc, to support the Haquira copper project.Hambro investment
US-based Vanguard Group’s precious metals and mining fund has taken an initial 6.02% stake in Russian gold producer Peter Hambro Mining plcBoddington sold
AngloGold Ashanti Ltd has completed the sale of its 33% interest in the Boddington gold project in Western Australia to Newmont Mining CorpOZ completes sale
Oz Minerals Ltd has completed the sale of its Martabe gold project in Indonesia to China Sci-Tech Holdings Ltd for a total consideration of US$217.5 millionSubscribe NOW!
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