Rio Tinto S. African project in limbo on security fear
Rio Tinto’s Richards Bay Minerals operation is South Africa’s largest mineral sands producer. (Image courtesy of Rio Tinto.) Rio Tinto Group’s new $463 million mining project in South Africa will remain on hold until the security problems that halted work two years ago are resolved. Richards Bay Minerals, the South African unit of Rio Tinto, is in talks with the country’s authorities to permanently address violent protests around its operations before resuming work on the Zulti South project, said Werner Duvenhage, RBM’s managing director. RBM was forced to halt work at...