G8 PUSH FOR TRANSPARENCY IN EXTRACTIVE INDUSTRIES COULD PUT MORE MINERALS COMPANIES ON EQUAL FOOTING

A PUSH by the G8 group of the world’s seven most industrialised nations plus Russia to improve extractive industry transparency and openness can help industrial minerals companies manage the payments they make in developing counties, as they will only have to follow one set of rules, according to Rio Tinto chief executive Sam Walsh.At a UK government-organised event ahead of last week’s G8 meeting in Northern Ireland, Walsh said: “We want a level playing field for extractives transparency that makes the same demands on companies whether they are British, ...


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