Dec 10 (Reuters) - West Wits Mining Ltd (WWI) :
- ENTERED A FARM-IN AND JOINT VENTURE TERM SHEET WITH RIO TINTO EXPLORATION
- RIO TINTO EXPLORATION TO EXPLORE WEST WITS MT CECELIA PROJECT IN EAST PILBARA, WESTERN AUSTRALIA UNDER A FARM-IN AND JV AGREEMENT
- RTX HAS RIGHT TO EARN A 51% INTEREST BY SPENDING A MINIMUM OF A$4M OF EXPLORATION EXPENDITURE WITHIN 4-YEARS
- RTX THEN HAS OPTION TO ELECT TO SOLE FUND FURTHER A$6M OF EXPLORATION EXPENDITURE WITHIN 3-YEARS TO EARN AN ADDITIONAL 29% INTEREST
- RTX HAS EXCLUSIVE RIGHT TO EARN INITIAL 51% JV INTEREST BY SOLE FUNDING EXPLORATION EXPENDITURE OF A$4 MILLION
News: RIO West Wits Mining Entered A Farm-In And Joint Venture Term Sheet With Rio Tinto Exploration
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Last
$114.28 |
Change
-0.290(0.25%) |
Mkt cap ! $42.41B | |||
| Open | High | Low | Value | Volume |
| $114.30 | $115.11 | $114.10 | $33.34M | 291.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 122 | $114.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $114.29 | 233 | 10 |
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| RIO (ASX) Chart |