Rio Tinto, long the bluest of blue-chip companies, finds itself mired in a corruption scandal over how it was able to secure a fabulously large iron ore project in the jungles of the Simandou Mountains, in the historically corruption-challenged west African nation of Guinea.
Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd for a consideration of approximately $3.1 billion, simplifying the ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto’s copper portfolio, and demonstrating its long-term commitment to the project and Mongolia. Rio Tinto now holds a 66% direct interest in the…
DetailsWhenever there is bad news out of Africa for mining giant Rio Tinto, a powerful group of people gather in the boardroom of the company’s headquarters off St James Square in London.
Rio De Janeiro – A South American airline is asking its employees to be on the lookout for a former Guantanamo Bay detainee who was resettled in Uruguay.
Rio de Janeiro – The U.S. Federal Bureau of Investigation gave Brazil the tip that led to arrests this week of 11 suspected militants who had discussed a possible attack on the upcoming Olympics in Rio de Janeiro, according to a Brazilian prosecutor.
Rio de Janeiro – The father of American swimmer Ryan Lochte said Wednesday his gold medal-winning son arrived back in the United States before a Brazilian judge ordered that Lochte and U.S. teammate Jimmy Feigen stay in Brazil as authorities investigate their claim they were robbed during the Olympics.
Two Orthodox Jewish Rabbis Sentenced To Prison For Conspiring To Kidnap Jewish Husbands, Force Them To Consent To Religious Divorces.
A Rikers Island correction officer raped a female inmate for more than 15 minutes while another officer watched, a new Manhattan federal lawsuit charges.
Did Rihanna and Drake get engaged while everybody wasn’t looking?
WASHINGTON — One of the guns that Mexican officials say was found at the hideout of drug lord Joaquin “El Chapo” Guzman Loera is associated with Fast and Furious, a failed “gun-walking” operation, according to the Justice Department.
