Rio Tinto to Earn Stake in Papua New Guinea Ono Copper-Gold Project - News and Statistics
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Rio Tinto is set to earn a stake in the Ono copper-gold project in Papua New Guinea through an agreement with LCL Resources. The terms of the agreement involve a strategic partnership and a farmout deal, which is expected to reshape the exploration outlook for LCL Resources. The development of the project is part of a broader context of mining activities in Papua New Guinea, which has been the subject of various concerns and controversies.
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