Peak Gold and Alumbrera

Rio Tinto PLC
19 March 2003



        Rio Tinto completes the sale of Peak Gold and Alumbrera interest



Rio Tinto has completed the sale of its 25 per cent interest in Minera Alumbrera
Limited, Argentina together with its wholly owned Peak Gold Mine in New South
Wales, Australia to Wheaton River Minerals for US$210 million.  The transaction
was announced on 15 January 2003.







For further information, please contact:


LONDON                                                  AUSTRALIA
Media Relations                                         Media Relations
Hugh Leggatt                                            Ian Head
+ 44 (0) 20 7753 2273                                   [phone]
Investor Relations                                      Investor Relations
Peter Cunningham                                        Dave Skinner
+ 44 (0) 20 7753 2401                                   [phone]
Richard Brimelow                                        Daphne Morros
+ 44 (0) 20 7753 2326                                    [phone]


Website: www.riotinto.com




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