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Rio boosts Ivanhoe stake

RIO Tinto plans to boost its stake in Robert Friedland's Ivanhoe Mines to just under 30% for arou...

MiningNews.Net

The major miner said the exercising of all its Series A warrants will increase Rio’s ownership of Ivanhoe shares by 7.3% to 29.6% and provide funds for the continued development of the Oyu Tolgoi copper-gold...

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