Rio Tinto sells Roughrider project to Uranium Energy for $109 million

Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project in Saskatchewan for C$150 million ($109.2m) from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive C$80 million in cash and C$70 million in Uranium...