Rio Tinto, First Quantum partner to move La Granja copper project in Peru to development
First Quantum will acquire a 55% stake in the project for $105 million, making it the majority owner.
Iron ore fell to its lowest level of the year and copper plunged more than 6 per cent as Chinese investors led a wave of selling across industrial commodities markets amid concerns of a global economic slowdown. The sharp falls came as the eurozone debt…