BGN Entrepreneur

When you are in a hole, it is best to stop digging. Sadly for investors in Rio Tinto, one of the world’s largest digger, the company has failed to resist the temptation to get the shovel out. Again.
The story so far is complicted, reaches into four corners of the globe and deals with the basic building blocks of economic development. It encompasses the awkward realities of high finance and the sensitivities of international diplomacy. It is a tale that has evolved rapidly in the past couple of years and is one that could rumble for decades to come.
While Rio keeps digging,shareholders should scrable their way out of a hole that looks unappealingly dank.

Related posts:

1. Taxpayers to Plug Lloyds Black Hole
   Billions of pounds of taxpayers’ money has been earmarked to...
2. A Big Hole in Tesco’s 50% Bag Cut Claim
   The Government has threatened to ban free disposable bags in...
3. Rio Tinto Bows to Investors
   The mining group—Rio Tinto, has scrapped a controversial $19.5 million...
4. Rio Tinto buys Tata’s Riversdale Stake
   The mining giant–Rio Tinto has bought 26% Tata Steel’s stake...
5. Rio Tinto Seeks City Help in Tax Battle
   Investors in the City have been warned to join a...