CAPITAL MARKETS

Rio exits Lihir management

LIHIR Gold and Rio Tinto have agreed to end a long-standing relationship at the former’s gold operation in Papua New Guinea with the major stepping down as manager of a project that has long under-performed.

Jesse Riseborough
Rio exits Lihir management

In the process of the handover, however, Lihir managed to second Arthur Hood as the company’s new chief executive officer following the retirement of Neil Swan. “With the imminent appointment of a new...

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