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November 28, 2008
Enlarged African footprint for diversified mining group
International mining group Rio Tinto, one of the world's largest diversified miners, is decisively increasing its presence in Africa through a series of operational expansions, acquisitions and exploration activities on the continent.
Through its exploration activities, the multinational group is seeking to invest in large, long-life, cost-competitive mines in Africa. The investment decisions are driven by the quality of the opportunity, rather than the choice of commodity or location.
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Posted by StaffWriter at November 28, 2008 8:27 AM