Rio Tinto (RIO) is raising its offer for Canadain uranium miner Hathor Exploration (HTHXF.PK) to...

|About: Rio Tinto plc (RIO)|By:, SA News Editor

Rio Tinto (RIO) is raising its offer for Canadain uranium miner Hathor Exploration (HTHXF.PK) to C$654M, or C$4.70/share. The offer is 13% above Rio's prior bid, and represents a 4% premium to Cameco's (CCJ) C$4.50/share offer, which was announced on Monday.