Connect with us

Base Metals

Rio Tinto CEO to leave over destruction of Australian sites

Rio Tinto CEO to leave over destruction of Australian sites

Share this article:

Published

on

This article was originally published by Canadian Investor

CANBERRA, Australia — Rio Tinto chief executive Jean-Sebastien Jacques will leave the Anglo-Australian mining giant by March over the destruction of Australian Indigenous sacred sites to access iron ore, the company said on Friday.

“Significant stakeholders have expressed concerns about executive accountability for the failings identified,” Rio Tinto said in a statement.

By mutual agreement, Jacques will step down once a replacement has been appointed or on March 31, whichever happens sooner, the statement said.

Executives Chris Salisbury and Simone Niven will leave the company on Dec. 31.

Rio Tinto announced last month that Jacques would lose $3.5 million in bonuses and Salisbury and Niven around $700,000 each over the destruction in May of two rock shelters in Juukan George in Western Australia state that had been inhabited for 46,000 years.

Rod McGuirk, The Associated Press

Share this article:

Energy & Critical Metals

Power Nickel encouraged by Quebec drill results

Power Nickel Inc. [PNPN-TSXV, CMETF-OTCQB] on Monday said initial results from drilling at its Nisk…

Share this article:

Continue Reading
Base Metals

Oroco Resource drills 0.40% CuEq over 267 metres at Santo Tomas, Mexico

Oroco Resource Corp. [OCO-TSXV; ORRCF-OTC] reported assay results from drill holes N032 through N038 (4,046…

Share this article:

Continue Reading
Base Metals

Solaris Resources (TSX:SLS) Makes Multiple New Copper Discoveries at Warintza Project While Industry Under-Invests

The mining sector has put itself in a difficult position, underinvesting in new copper projects when copper demand is rising. The good news for those looking…

Share this article:

Continue Reading

Trending