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Breakingviews - New Rio Tinto boss has Mongolian bullet to bite


Breakingviews
6 Min Read
LONDON (Reuters Breakingviews) - Jakob Stausholm will have to pick up a travel guide to Ulaanbaatar. Rio Tinto’s new chief executive has a challenging to-do list and atop it sits the miner’s troubled $10 billion Oyu Tolgoi copper and gold project, located 700 kilometres from the Mongolian capital. Trying to satisfy all the interested parties at once is probably a fool’s errand.
Workers talk at Rio Tinto s Amrun bauxite mine in Cape York, on the north-eastern tip of Australia March 7, 2019. Picture taken March 7, 2019.
It’s surprising the whole sticky mess, along with the high tensions between Australia and China and Rio’s frayed relations with indigenous peoples, didn’t dissuade Stausholm from taking the job. Turquoise Hill Resources, the Canadian-listed company that owns two-thirds of Oyu Tolgoi, lost a fifth of its market value on Jan. 11 after suggestions that the Mongolian government might not continue with the project. Sh ....

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Rio Tinto: Resolution Copper project enters next phase of public consultation


Rio Tinto: Resolution Copper project enters next phase of public consultation
The Resolution Copper project has entered the next phase of public consultation in the ongoing permitting process, led by the US Forest Service, with the release of its independent Final Environmental Impact Statement (EIS).
Decisions on whether to invest fully in developing the project, a proposed underground mine located in Arizona and one of the world s most significant undeveloped copper deposits, remain subject to further permitting processes and a feasibility study that will be conducted over several years.
Resolution Copper is committed to continuing its engagement with Native American Tribes and working to seek consent before any decision on the development of the project, consistent with the International Council on Mining and Metals (ICMM) Statement on Indigenous Peoples and Mining. ....

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Joint statement from PKKP and Rio Tinto


Joint statement from PKKP and Rio Tinto
Rio Tinto and the Puutu Kunti Kurrama and Pinikura people (PKKP) confirm they have taken initial steps in rebuilding their relationship following the events at Juukan Gorge in May 2020.
PKKP in co-operation with Rio Tinto have been involved in remedial works at Juukan Gorge. These works will continue.
A joint session of the PKKP and Rio Tinto boards has been held to reaffirm Rio Tinto s apology and commitment to rebuilding our relationship.
In addition, we will prepare a Heads of Agreement that will capture our commitments and outline how both Rio Tinto and PKKP will work together. While there has been some important progress made in the relationship so far, we are not underestimating the time it will take to genuinely work together and achieve the mutual objectives of this partnership. ....

Ivan Vella , Burchell Hayes , Jesse Riseborough , Jakob Stausholm , Puutu Kunti Kurrama , Casey Cahill , Rio Tinto , Juukan Gorge , Elder Burchell Hayes , Rio Tinto Iron Ore , இவன் வெல்லா , புர்செல் வைக்கோல் , வழக்கு காஹில் , ரியோ டின்டோ , மூத்தவர் புர்செல் வைக்கோல் , ரியோ டின்டோ இரும்பு ஒரே ,