Rio Tinto (RIO)

Sector:

Mining

Index:

FTSE 100

5,522.00p
   
  • Change Today:
    -33.00p
  • 52 Week High: 5,891.00p
  • 52 Week Low: 4,559.00p
  • Currency: UK Pounds
  • Shares Issued: 1,252.57m
  • Volume: 1,741,258
  • Market Cap: £69,167m
  • RiskGrade: 142

Rio Tinto pays $15m to settle Guinea bribery case

By Frank Prenesti

Date: Tuesday 07 Mar 2023

LONDON (ShareCast) - (Sharecast News) - Rio Tinto has agreed to pay a $15m penalty over bribery charges brought by the US Securities and Exchange Commission, involving payments to a consultant in Guinea to keep mining rights over a project in the country.
The investigation found in July 2011 the company had hired a French investment banker, a close friend of a former senior Guinean government official, as a consultant to help Rio Tinto retain its mining rights in the Guinea's Simandou region.

Rio said it would pay the charges without admitting to or denying the regulator's findings that it violated internal accounting control provisions.

Another investigation into the same incident by the UK's Serious Fraud Office was launched in July 2017, and is still under way. Australia's Federal Police force is also probing the incident.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rio Tinto Market Data

Currency UK Pounds
Share Price 5,522.00p
Change Today -33.00p
% Change -0.59 %
52 Week High 5,891.00p
52 Week Low 4,559.00p
Volume 1,741,258
Shares Issued 1,252.57m
Market Cap £69,167m
RiskGrade 142

Rio Tinto Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.68% above the market average65.68% above the market average65.68% above the market average65.68% above the market average65.68% above the market average
29.85% above the sector average29.85% above the sector average29.85% above the sector average29.85% above the sector average29.85% above the sector average
Price Trend
39.31% above the market average39.31% above the market average39.31% above the market average39.31% above the market average39.31% above the market average
59.72% above the sector average59.72% above the sector average59.72% above the sector average59.72% above the sector average59.72% above the sector average
Income
87.39% above the market average87.39% above the market average87.39% above the market average87.39% above the market average87.39% above the market average
65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average
Growth
88.16% below the market average88.16% below the market average88.16% below the market average88.16% below the market average88.16% below the market average
67.21% below the sector average67.21% below the sector average67.21% below the sector average67.21% below the sector average67.21% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 7
Sell 1
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rio Tinto Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Mar-24 10-Aug-23
Paid 18-Apr-24 21-Sep-23
Amount 258.00¢ 177.00¢

Trades for 15-May-2024

Time Volume / Share Price
16:11 0 @ 5,519.00p
16:11 0 @ 5,519.00p
16:11 0 @ 5,519.00p
16:11 0 @ 5,519.00p
16:10 1 @ 5,520.00p

Rio Tinto Key Personnel

CEO Jakob Stausholm
CFO Peter Cunningham

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