Creamer Media’s Mining Weekly: Rio Tinto execs take up CEO, CFO seats at Ivanhoe

Two weeks after having named Kay Priestly as acting CEO, Ivanhoe Mines, building the $6.2-billion Oyu Tolgoi copper/gold project in Mongolia, late on Tuesday cemented the former Rio Tinto executive’s role as a permanent one. Toronto- and New York-listed Ivanhoe also appointed Chris Bateman, previously finance head of the diversified major’s diamond and minerals business, as CFO. In mid-April, CEO and founder of the company Robert Friedland stepped down, following Rio Tinto’s January move to lift is ownership of the company to a majority 51%, and a financing deal that will see the giant Oyu Tolgoi project through to completion of its first phase development. To read the full article, click hereRio Tinto execs take up CEO, CFO seats at Ivanhoe

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