Rio Tinto (RIO -1.9%) is making a C$578M all-cash bid for Canadian uranium miner Hathor...

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

Rio Tinto (RIO -1.9%) is making a C$578M all-cash bid for Canadian uranium miner Hathor Exploration (HTHXF.PK). The offer represents an 11% premium to an August bid from Cameco (CCJ -2.9%). Politicians might object to Rio Tinto's bid out of a wish to see Hathor acquired by a fellow Canadian firm.