LHG unknown

0949 [Dow Jones] London brokers welcome Rio Tinto (RIO) sale of...

  1. buddfox
    9,241 Posts.
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    23/03/04
    09:49
    Post #: 419436
    0949 [Dow Jones] London brokers welcome Rio Tinto (RIO) sale of Freeport McMoRan
    Copper & Gold stake. Rio's JV in giant Grasberg mine in Indonesia not affected by
    sale, but puts even bigger question mark over its 16.3% stake in Lihir Gold (LHG)
    as Rio chief Leigh Clifford again says minority holdings aren't viable long term.
    London analyst says Rio may use funds for mid-sized acquisition such as Aquarius
    Platinum (AQP). (IGP)
    LHG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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