Rio may push for shake-up of Ivanhoe Mines

January 27, 2012

(Reuters) – Rio Tinto has opened the door to a shakeup of the board and senior management of Ivanhoe Mines now that it has taken control of the Canadian miner, which owns two-thirds of the massive Oyu Tolgoi project in Mongolia. In a filing with the U.S. Securities and Exchange Commission, Rio said it would look to gain more seats on the Ivanhoe board and that it anticipates replacing of some of the management, including senior management. …

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