DailyFinance: Another Reason to Get Your Hands on Rio Tinto

While the general economic uncertainty has clouded the prospects of the mining industry, the silver lining is that commodity prices have not fallen to the extent anticipated. That might be the reason why mining giants such as Rio Tinto are foraying into areas such as copper and gold. Keeping this in mind, the cancellation of the “poison pill” plan by Ivanhoe Mines to pave the way for Rio’s acquisition of one of the world’s largest copper-gold reserves — the Oyu Tolgoi project in Mongolia — should work out well for the company. To read the full article, click hereAnother Reason to Get Your Hands on Rio Tinto

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