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Rio Tinto to pay $28m fine to settle US SEC fraud case

Rio Tinto to pay $28m fine to settle US SEC fraud case
miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.

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Rio Tinto to pay $28M settlement in SEC fraud case (NYSE:RIO)

Rio Tinto to pay $28M settlement in SEC fraud case (NYSE:RIO)
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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Rio Tinto Agrees A$750,000 Penalty With Australian Watchdog Over Mozambique Disclosure Breach - Corporate/Commercial Law

ASIC and Rio Tinto Limited (Rio Tinto) recently reached a settlement regarding an alleged continuous disclosure breach by Rio Tinto in relation to its Mozambique coal assets following the company. ....

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Rio Tinto agrees a$750,000 penalty with Australian watchdog over Mozambique disclosure breach

ASIC and Rio Tinto Limited (Rio Tinto) recently reached a settlement regarding an alleged continuous disclosure breach by Rio Tinto in relation to… ....

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U.S. judge rejects SEC bid to expand Rio Tinto fraud lawsuit on Mozambique coal business

By Reuters Staff
2 Min Read
(Reuters) - A U.S. judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the U.S. Securities and Exchange Commission that accused miner Rio Tinto of fraud at its Mozambican coal business, a court filing showed.
The Rio Tinto mining company s logo is photographed at their annual general meeting in Sydney, Australia, May 4, 2017. REUTERS/Jason Reed
The SEC filed a complaint against Rio in 2017 with allegations that it had fraudulently concealed the decline in value of the business.
Rio had acquired Riversdale mining for $3.7 billion in 2011, on the premise it would be able to barge 30 million tonnes of coal per year down the Zambezi river, and rail a further 12-15 million tonnes of coal per year to port. ....

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