| 10.02.2009 - Rio Tinto boss quits over US$5bln fundraising row |
| From Guardian: The new chairman of Rio Tinto has quit following a boardroom row over a multibillion-dollar fundraising likely to involve one of its main customers, Chinese firm Chinalco. The plan, to raise about $5bn (£3.4bn), could be announced this week. Jim Leng, who took up the post four weeks ago, said he had resigned because of a "difference of opinion" over how to reduce the mining group's $39bn debt..... Full Article: Source |