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Rio Tinto grabs 51% stake in Janice Lake copper-silver project – MINING.com

The miner spent C$14 million in exploration, which exceeds the C$10 million required to become Janice’s majority owner.

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Rio Tinto is now due to pay Forum Energy C$100,000 in cash on or before May, 2022 to complete its 51% earn-in obligation, the Canadian miner said.
“Rio Tinto’s drilling and regional exploration has added tremendous value to the Janice Lake project, most…

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