Home>Topics>>Rio Tinto (RIO) says it will sell its 57.7% effective interest in Palabora Mining (PBOAF.PK) for $373M to a consortium of South African and Chinese entities. RIO and Anglo American had said ...

Rio Tinto (RIO) says it will sell its 57.7% effective interest in Palabora Mining (PBOAF.PK) for $373M to a consortium of South African and Chinese entities. RIO and Anglo American had said ...

SeekingAlpha.com: SA Currents

Tue, 11 Dec 2012

Rio Tinto ( RIO ) says it will sell its 57.7% effective interest in Palabora Mining ( PBOAF.PK ) for $373M to a consortium of South African and Chinese entities. RIO and Anglo American had said Palabora’s main asset, a South African mine that produces copper and magnetite, is " no longer of a ...

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