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rio will seek to negotiate a joint venture

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    ........"This stake is valued at R520 million and comprises 15.1 percent directly and 5.8 percent through and interest in Kalahari Minerals Plc. This interest will now be sold to Rossing," Rio Tinto said.

    ............"Rossing will seek to negotiate a joint venture for the development of Rossing South with Extract Resources as this will provide optimal value to the shareholders of both Rossing and Extract Resources," Rio said.

    http://www.southerntimesafrica.com/inside.aspx?sectid=1947&cat=8
 
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