Agnico Eagle expands stake in First Nordic to 13%
First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland.
Global miner Rio Tinto (RIO-N70.71—-%) is on track to hit its 2011 iron ore production target after posting on Thursday a 12-per-cent rise in second-quarter output on the year, but its Australian coal operations were still recovering from floods.