Rio Tinto returns fire in battle for Hathor

Base metal mining oriented group Rio Tinto has, as expected, increased its offer for uranium developer Hathor Exploration.

Base metal mining oriented group Rio Tinto has, as expected, increased its offer for uranium developer Hathor Exploration.

The move comes just days after rival bidder Cameco Corp trumped the global miner with a C$625m ($615m) offer.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.