CAPITAL MARKETS

Rio steps up plans to exit Bougainville

RIO Tinto subsidiary Bougainville Copper is pursuing plans to dispose of its Panguna copper mine on the civil war-ravaged Papua New Guinean island.

Greg Tubby

Company chairman Barry Cusack told shareholders it took two years to make the decision to terminate the company's association with the project. He said the board was unanimous in its belief that it was...

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