Rio Tinto Fires Energy and Minerals Chief

The video discusses Rio Tinto's 2011 deal with the Guinea government and a controversial $10.5 million payment to a consultant. This payment, which failed to meet global conduct standards, is under investigation by several agencies. Alan Davies, a long-time executive, disputes his dismissal over the issue and plans legal action. Despite the controversy, Rio Tinto's shares remain stable.

What was the initial payment made by Rio Tinto to the Guinea government in 2011?

• $700 million

• $500 million

• $10.5 million

• $1 billion

Which of the following agencies is NOT involved in the investigation of the Rio Tinto probe?

• Interpol

• US Department of Justice

• UK Serious Fraud Office

• Australian Securities and Investments Commission

What is Alan Davies' position regarding his dismissal from Rio Tinto?

• He believes there were no grounds for his dismissal

• He plans to retire

• He agrees with the decision

• He is indifferent to the decision

Who else, besides Alan Davies, was dismissed in connection with the Rio Tinto probe?

• The head of the Ethics Committee

• The CFO of Rio Tinto

• The CEO of Rio Tinto

• Debra Valentine

How did the market react to the news of the Rio Tinto probe?

• Rio Tinto shares dropped significantly

• Rio Tinto shares remained stable

• Rio Tinto shares were unaffected

• Rio Tinto shares increased by 0.9%