What was the amount paid by Rio Tinto to the Guinea government for the sumando iron ore project?
Rio Tinto Fires Energy and Minerals Chief
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Business, Social Studies
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University
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Hard
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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.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the nature of the payment made to the consultant in relation to the deal?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the agencies currently looking into the matter involving Rio Tinto?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What claims did Alan Davies make regarding his termination from Rio Tinto?
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5.
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3 mins • 1 pt
How did the market react to the news about Rio Tinto's situation?
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