CAPITAL MARKETS

Rio Tinto to take Oxiana stock

OXIANA Resources said today it plans to issue 12.56 million shares to Rio Tinto as part of its ag...

Greg Tubby

The stock will be issued to Rio at 25.7c per share, the weighted market price of Oxiana shares over the past five trading days. Oxiana said the issue results from an instalment payment of US$1.5 million...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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