Rio Tinto has a dual listing in Sydney and a 14,99% stake in London would equate to around 11% in the entire group.
South African stocks remained firm at midday on Wednesday as merger talks surrounding BHP Billiton kept heavyweight miners buoyant, but easing metal prices weighed on other…
The world’s third-largest miner, Rio Tinto, said on Wednesday its full-year net profit fell almost 2% in 2007 to $7,312-billion as it again rejected a takeover bid by rival BHP…
BHP Billiton launched a hostile ,4-billion bid for rival Rio Tinto in a move that could trigger a Chinese-led counterbid in the world’s second biggest corporate takeover.…
China’s state-backed miners have looked at Xstrata but are unlikely to bid for it, leaving Brazil’s Vale or Anglo-American best placed to snap up the Anglo-Swiss miner. Vale,…