Rio Tinto extends life of Utah mine

The life of Rio Tinto's Kennecott Utah Copper Bingham Canyon mine in Salt Lake City is to be extended by 11 years as the diversified miner injects more funding into the project.

The life of Rio Tinto's Kennecott Utah Copper Bingham Canyon mine in Salt Lake City is to be extended by 11 years as the diversified miner injects more funding into the project.

The company announced on Tuesday afternoon that it would invest $660m over the next seven years to increase the life of the mine from 2018 to 2029.

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