CAPITAL MARKETS

Rio rides again

JAPANESE raider Delta Blues may have taken out the Cup but the world’s second-largest mining house Rio Tinto certainly wasn’t singing the blues today after shares in the company crossed the $80 mark for the first time since June.

Jesse Riseborough

Rio shares closed $2.80 (3.5%) higher at $82, with fellow major BHP Billiton also enjoying a good run home to the post, gaining 59c (2.1%) to $28.23. The bulging uranium bandwagon managed to squeeze...

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