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Rio Tinto lifts Citadel drilling spend

Rio Tinto has bolstered the 2021 exploration budget for the Citadel joint venture in Western Australia's Paterson Province from $A13.8 million to $24.5 million.

Antipa Minerals and Rio Tinto's Citadel JV in the Paterson Province

Antipa Minerals and Rio Tinto's Citadel JV in the Paterson Province

Rio has sole-funded more than $25 million of work on the project under a 2015 farm-in agreement with Antipa Minerals and has increased its stake from 51% to 65%. For 2021, an additional 6000-7000m of...

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