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By: Matthew Hill
Updated 7 hours ago
 
Ivanhoe Mines, now majority owned by Rio Tinto, said on Friday an agreement with the diversified major stipulated that a majority of its 14-member board had to be independent directors. Rio Tinto bought an additional 2% of Ivanhoe’s stock this week, lifting its ownership to 51%, and said it expected use that to seek to replace some of the company’s senior management.
 
 

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COVER STORY

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