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Walsh leaves on a high

ALWAYS leave them wanting more. That is the advice given to many a performer. Former Rio Tinto chief executive Sam Walsh taken that advice to heart with the mining giant finishing the six months to June 30 with net earnings up 113% year-on-year to $US1.7 ($A2.2) billion.

Noel Dyson
Sam Walsh left Rio Tinto on a high note.

Sam Walsh left Rio Tinto on a high note.

At the same time Rio Tinto cut its net debt 6% year-on-year to $12.9 billion. Okay, net cash generated from operating activities was down 27% to $3.2 billion and underlying earnings fell 47% to $1.5...

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