The Solwezi licences consist of two individual exploration licences. There is a job at Rio Tinto to suit all skillsets and demographics. Rio Tinto is a leading international mining group headquartered in the UK. October 15, 2015. After incurring project expenditures in excess of $3 million during the initial work phase, Rio will now proceed to the next stage of the agreement. From mining, to extraction, to administration to transport. Ltd (GTS). Learn more about Rio Tinto's careers today. Jacques will leave the group on 31 March 2021, allowing the company time to find a successor. Find Rio Tinto Zambia jobs on Glassdoor… Rio Tinto has completed the initial work program on Midnight Sun Mining’s (TSXV: MMA) Solwezi licenses in Zambia, part of an earn-in and joint venture agreement the companies signed in April 2020. In total, Rio Tinto would spend $51 million to acquire 75% ownership of the Zambian copper deposits. Global mining giant Rio Tinto has signed an earn-in and joint venture agreement with Vancouver-headquartered Midnight Sun Mining. The French engineer, educated at École Centrale Paris, had previously spearheaded the Oyu Tolgoi copper megaproject in Mongolia and pushed out Rio Tinto’s developers in charge of the Simandou iron ore deposit in Guinea, a project he didn’t believe in. See another side to mining by investigating the type of career you could have at Rio Tinto. Zambia Tenders is a domain owned and maintained by Global Tenders Services Pvt. Rio Tinto’s business is finding, mining and processing mineral resources. Shares of Midnight Sun opened 20.2% higher on Monday with news of the Rio Tinto agreement. Totalling 506km2, these licences are […] The company was founded in 1873, when a multinational consortium of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.. Under the agreement, Rio Tinto can buy up to a 75% interest in the Solwezi licences in Zambia for a total of $51m. Totalling 506km 2, these licences are located in Zambia’s north-western province, adjacent to … Major products are copper, iron ore, aluminium, diamonds, energy, gold, industrial minerals and. The Solwezi licences consist of two individual exploration licences. Midnight Sun Mining says Rio Tinto has completed the initial work programme of a US$51 million earn-in and joint venture agreement on its Solwezi licences in Zambia, well ahead of schedule. Rio Tinto Group is an Anglo-Australian multinational and the world's second largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium. Under the agreement, Rio Tinto can buy up to a 75% interest in the Solwezi licences in Zambia for a total of $51m. GTS is in the business of wide range of online Business to Business (B2B) information services like Public procurement information, business information services; IT enabled services, E-Commerce and bid facilitation and consultancy services. Afterwards, Rio Tinto can earn a further 10% ownership by spending an additional $15 million on work within two years. 1 Rio Tinto jobs in Zambia, including salaries, reviews, and other job information posted anonymously by Rio Tinto employees in Zambia. Rio Tinto has completed the initial work program on Midnight Sun Mining’s (TSXV: MMA) Solwezi licenses in Zambia, part of an earn-in and joint venture agreement the … The type of career you could have at Rio Tinto additional $ 15 million on work within two years million! Spend $ 51 million to acquire 75 % ownership by spending an additional $ 15 on! 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