A tale of two corporate disasters
Two household-name companies, Rio Tinto and AMP, two corporate governance nightmares, two different reactions.
Two household-name companies, Rio Tinto and AMP, two corporate governance nightmares, two different reactions.
Mining giant Rio Tinto says the destruction of 46,000-year-old Aboriginal rock shelters in WA was the result of systems flaws, omissions and poor decision-making.
A Pilbara native title group has said WA’s proposed new heritage laws may not rectify an injustice created nearly 30 years ago.
Rio Tinto’s biggest iron ore rivals have argued against the unnecessary duplication of federal and state regulations.
The action taken by Rio Tinto has opened the entire industry to regulatory constraints and industrial blackmail.
It goes without saying that the man who ran Rio Tinto from 1997 to 2000 wants the company to apologise to local landowners.
Rio Tinto in dispute with second group of native title owners over Pilbara iron ore mine.
Rio shares closed down 3pc after the first round of its cave blast inquiry, while the RBA board says the recovery is slower than first thought.
The eight million tonnes of iron ore Rio Tinto stood to collect from Juukan Gorge represents 0.03 per cent of its Pilbara iron ore resources.
Rio’s decision to destroy the ancient Juukan Gorge caves allowed it to access iron ore worth $U135m, its chief executive says.
Mining giant Rio Tinto has admitted it knew about the huge cultural significance of sacred caves in WA before it destroyed them.
An Indigenous group says more than 700 of its heritage sites in the Pilbara have been destroyed or impacted by mining.
The real question is how is Jacques still in the job nearly three months after the tragedy?
Superannuation heavyweight HESTA says it and other investors will ultimately pay the cost of Rio Tinto’s damaged licence to operate.
Rio Tinto had three options to avoid destroying the Juukan Gorge caves, which showed traces of human habitation dating back 46,000 years.
Aboriginal groups will have a far greater say over their land under an overhaul of the legislation that allowed Rio Tinto to detonate ancient caves.
Rio Tinto has launched a legal bid to recover $500m it says it lost in iron ore shipments after a fire at its port in 2019.
A mountain of Chinese money is about to change the dynamics of the iron market.
This week I suggested London’s control of Rio Tinto was down to an error by Paul Keating. Naturally, I got a phone call.
Rio Tinto ‘absolutely’ committed to being transparent about why and how it blew up an Indigenous heritage site.
Original URL: https://www.theaustralian.com.au/topics/rio-tinto/page/28