15th Sep 2005 07:04
Rio Tinto PLC15 September 2005 Rio Tinto approves development of Cortez Hills Rio Tinto has approved its share of the development costs of the Cortez Hillsgold project.Cortez Hills is part of the Cortez Joint Venture property in Nevada, which is40% owned by Rio Tinto and 60% by Placer Dome. Rio Tinto's share of the investment capital totals $182 million (1). The development of Cortez Hills reflects a successful brownfield explorationprogramme undertaken by the Joint Venture partners. For further information, please contact: LONDON AUSTRALIAMedia Relations Media RelationsLisa Cullimore Ian HeadOffice: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620Mobile: +44 (0) 7730 418 385 Mobile: +61 (0) 408 360 101 Investor Relations Investor RelationsNigel Jones Dave SkinnerOffice: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309Richard Brimelow Susie CreswellOffice: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639Mobile: +44 (0) 7753 783 825 Mobile: +61 (0) 418 933 792 Website: www.riotinto.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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