By Perry Williams, David Stringer and Jesse Riseborough, Bloomberg News
Rio Tinto Group fired two of its top executives over a payment connected to a giant iron ore project in Guinea in West Africa.
The world’s second-biggest mining company terminated the contract of Alan Davies, chief executive of its energy and minerals unit, as well as the contract of Legal & Regulatory Affairs Group Executive Debra Valentine after an investigation, it said Thursday.
Davies was suspended on Nov. 9 over the $10.5 million payment to consultant Francois de Combret in 2011 for assisting negotiations with Guinea’s President Alpha Conde on ...
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