MAC: Mines and Communities

Notes:

Published by MAC on 2001-05-01

Notes:

(1) Although this profile does not deal with Friedland's non-mining assets, it should be noted that he has interests in oilfields in Indonesia (including Kalimantan) and in the Dagang oilfield being developed along with China's National Petroleum Corporation.

(2) This was the first apparent connection between Friedland and the world's biggest mining company - a connection later to flourish when Vengold bought into the British company's huge Lihir Gold project in Papua New Guinea in 1995. Several key Friedland personnel have been recruited directly from Rio Tinto in the past six years, notably Marcus Randolp,h who became president of First Dynasty, and Gordon Toll, formerly an RTZ group mining executive.

(c) Nostromo Research, Burma Action Groups and Minewatch Asia-Pacific 1999

 
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