Rio Tinto will probably make a counter-offer for Hathor Exploration
Base metal mining oriented group Rio Tinto is unlikely to walk away from a bidding war for uranium developer Hathor Exploration, investors said on Tuesday, after rival bidder Cameco Corp trumped the global miner with a C$625m ($615m) offer, Reuters reports.
Base metal mining oriented group Rio Tinto is unlikely to walk away from a bidding war for uranium developer Hathor Exploration, investors said on Tuesday, after rival bidder Cameco Corp trumped the global miner with a C$625m ($615m) offer, Reuters reports.
AB
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

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 for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Cash in on the growth prospects of Europe's companies
Opinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
By Marcel Stotzel Published
-
Is the AI boom another dotcom bubble?
25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
By Dan McEvoy Published