CAPITAL MARKETS

Rio increases interest in Extract

RIO Tinto has upped its stake in junior uranium explorer Extract Resources, just over a week after purchasing an initial 10.9% interest in the company.

Kristie Batten
Rio increases interest in Extract

Rio purchased another 4.7 million shares to take its stake in the company to 13.1%. The additional shares were purchased at between 97c and $1.20 each. Extract recently announced a merger with Kalahari...

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