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Ride gets rougher as Rio Tinto bids for Hathor

Warwick Pipe | October 20, 2011 | 2:31 pm Energy Europe Uranium

Roughrider drill Rio Tinto has announced it is making a cash offer for Canadian uranium exploration company Hathor Exploration, would-be developer of the Roughrider project. Hathor’s board is recommending its shareholders accept the offer over a hostile bid from Cameco.