Business Maverick: Rio’s CEO Says Miner Made Key Changes Since Heritage Blasts

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 84%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Rio Tinto Group has made key changes to its cultural heritage management since the May explosions that damaged two Aboriginal Australian sites, outgoing CEO Jean-Sebastien Jacques told a Parliamentary hearing Friday.

Rio Tinto Group is modernizing agreements with traditional landowners, won’t enforce clauses that restrict communities from speaking publicly about their concerns and is examining other measures to increase the economic benefit Indigenous people derive from Rio’s operations, Jacques said.

Rio is also reviewing all activities with the potential to impact heritage sites as a result of failures exposed in the Juukan Gorge blasts, the London-based producer said in a letter sent this week to 12 traditional owner groups.“We are committed to learning and we have made changes,” Jacques told the hearing, speaking from Canberra. “What Juukan has shown us is that we must modernize our approach to working with communities. It is a critical moment for us and the industry.

Jacques was forced out last month after investors and legislators criticized Rio’s tame initial response to the incident, and will leave his position by March. Two other key executives are also leaving the company. It remains unclear what the long-term implications are for Rio’s iron ore unit — its top earning division — as the company revises its approach, and as Australia’s heritage laws are amended, Rio said earlier in a production report. Iron ore shipments fell 5% in the third quarter on maintenance work, the company said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: Top World Bank Economist Says Financial Crisis Could Emerge From PandemicWorld Bank Chief Economist Carmen Reinhart said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging. Who would have thought? Go ask the desperate faces lining the streets with begging cups on sticks what they feel and think covid has done to their economics and that of their families.. No need for banking economists to tell us what we know and see Wow really What a brain surgeon! No shit Sherlock 🕵️‍♂️
La source: dailymaverick - 🏆 3. / 84 Lire la suite »