Sky News: Plimer steps in as Friedland bows out

Renowned mining entrepreneur Robert Friedland has been replaced on the Ivanhoe Australia board by climate change sceptic, academic and author Ian Plimer. Ivanhoe Australia’s parent company Ivanhoe Mines on Wednesday announced the resignation of its founder Mr Friedland from the boards of both companies. Professor Plimer will serve as interim chairman while chief executive Peter Reeve will remain in his role, Ivanhoe Australia said in statement on Thursday. The University of Adelaide academic joined the Ivanhoe Australia board in 2007 and was appointed director of Gina Rinehart’s Roy Hill Holdings, Hope Downs Iron Ore Pty Ltd and Queensland Coal Investments in January. Mr Friedland’s resignation was part of an agreement between Ivanhoe Mines and its 51 per cent shareholder Rio Tinto, whereby the larger miner would provide billions of dollars in financing for the Canadian company’s huge Oyu Tolgoi copper and gold project in Mongolia. To read the full article, click herePlimer steps in as Friedland bows out

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