Rio Tinto Trumps Cameco Bid for Hathor with $572 Million Offer
Rio Tinto offers $572 million in all-cash bid for uranium junior Hathor Exploration.
Rio Tinto offers $572 million in all-cash bid for uranium junior Hathor Exploration.
Crude Investing News reports oil has fallen in value after the troubled US Financial markets and its bail-out plan. Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s US$700 billion financial sector bailout plan, commodities began to tank. Oil futures [...]
Nickel Investing News reports nickel futures in London traded 5% lower making it more expensive for holders of other cuurencies. Nickel dropped by 4.7 per cent to US$19,300 a tonne, it’s lowest since August 20, 2008. LME inventories rose 1,206 tonnes to a four-month high of 48,228 tonnes and the metal is down by 24 [...]
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