New Set of Bribery Charges in Simandou Mine Saga

The strange saga of Rio Tinto’s (NYSE: RIO) soon to be sold Simandou iron ore project in Guinea took another weird twist as the owner of BSG Resources was arrested on alleged bribery charges related to mining rights at the site. Diamond merchant Beny Steinmetz and other businessmen were arrested by Israeli police on charges of paying tens of millions of dollars in bribes to Guinean officials. …read more

Read more here: New Set of Bribery Charges in Simandou Mine Saga

Category: RIO, VALE

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