Rio suffers mining setbacks in Guinea
| Source: | Lateline Business |
|---|---|
| Published: | Monday, August 4, 2008 11:09 AEST |
| Expires: | Sunday, November 2, 2008 11:09 AEST |
Rio Tinto says a crisis facing its $6 billion West African iron ore project will not cripple its defence against BHP Billiton's $170 billion takeover bid. The Guinean government has rescinded Rio's mining concessions in the ore-rich Simandou region.
