Rio tinto to acquire chilean exploration assets and enter joint venture with codelco

London--(business wire)--rio tinto has agreed to purchase panamerican silver's stake in agua de la falda s.a. (“agua de la falda”), a company with exploration tenements in chile's prospective atacama region, and to enter a joint venture with corporaciÓn nacional del cobre de chile (“codelco”) to explore and potentially develop agua de la falda's assets. under the agreement, rio tinto will acquire panamerican silver's 57.74% operating stake in agua de la falda for $45 million and the grant of ne.
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