Rio Tinto Appoints Mongolian Ex-Banker Bold as Copper President - Businessweek: "Rio Tinto (RIO) Group Plc., in talks to mend a rift with Mongolia’s government over a $6.6 billion copper and gold project in the country, will appoint Mongolian national Bold Baatar as president of its copper group.
Bold will be based in London as head of international operations, overseeing mines in countries including Australia, South Africa and Papua New Guinea, Rio Tinto said yesterday in an e-mailed statement. An adviser to Rio for three years, Bold will take up the new role starting June 3 and report to Jean- Sebastian Jacques, chief executive officer of the copper business, Rio said."
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