With Riversdale (RFLMF.PK) about to slip through its fingers, Rio Tinto (RIO +1.7%) lowers the...

|About: Riversdale Mining (RFLMF)|By:, SA News Editor

With Riversdale (RFLMF.PK) about to slip through its fingers, Rio Tinto (RIO +1.7%) lowers the acceptance condition on its A$3.9B ($4B) offer to 47% of Riversdale shares from 50%. The company has also reportedly entered into talks with major Riversdale shareholder CSN.