Rio Tinto sacks energy chief Alan Davies after Guinea review – FT

Rio Tinto has fired Alan Davies, chief executive of its energy and minerals division, and Debra Valentine, the head of legal affairs, after reviewing a $10.5m payment made for advisory services on a giant iron ore project in Guinea, west Africa.

Last week, the FTSE 100 mining company suspended Mr Davies and announced the resignation of Ms Valentine after it alerted regulators about the payment of $10.5m to François Polge de Combret, a French consultant, for work on the Simandou project in 2011.

Source: Rio Tinto sacks energy chief Alan Davies after Guinea review

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