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The Queen's holdings in Rio Tinto Zinc (RTZ) was first brought to public attention by a leak from a source at the Bank of England to Andrew Morton, who wrote the authorized biography of Diana. Philip Beresford, author of 'The Book of the British Rich', written in conjunction with the Sunday Times of London, found the Queen tends to invest in "blue chip'' stocks, including Rio Tinto Zinc, General Electric Company of Great Britain, Imperial Chemical Industries, Royal Dutch Shell, and British Petroleum. Among those acting as royal cut-outs and nominees are S.G. Warburg's subsidiary Rowe & Pitman, Barings and Cazanove.
Forbes magazine also reported the Queen is a major RTZ shareholder, as is the Bank of England. Charles Higham, co-author of Elizabeth and Philip, also states the Queen is a major stockholder in RTZ, which, with her old friends at Anglo-American, controls 12% of the world's precious, strategic, and base metals and minerals. In 1976, the U.S. Senate Foreign Relations Committee found that an international cartel, of which RTZ was a major partner, had been formed in 1971 to fix the world's uranium prices. A federal grand jury found corroborating evidence of RTZ's role.
To protect RTZ's directors and their richest shareholder, the Queen, Lord Denning and the Law Lords quashed Westinghouse's ability to take depositions in the United Kingdom. On June 16, 1976, in hearings in the U.S. House Interstate and Foreign Commerce Subcommittee Jerry McAfee, chairman of Gulf Oil admitted that the cartel in which RTZ was his partner had criminally conspired to falsely increase the price of uranium on world markets.
Labour and human rights Activist groups have also expressed concern regarding Rio Tinto's operations in Papua New Guinea, which they allege were one catalyst of the Bougainville separatist crisis. The British antipoverty charity War on Want has also criticised Rio Tinto for its complicity in the serious human rights violations which have occurred near the mines it operates in Indonesia and Papua New Guinea. On 31 January 2010, Rio Tinto locked out nearly 600 workers from a mine in Boron, California, USA. Rio Tinto was also accused of planning and funding the murder of RTI activist Shehla Masood in Bhopal, India.
Apparently, she was protesting illegal diamond mining done by Rio Tinto in connivance with government officers. The case was, however, solved and no connection to Rio Tinto was established, though popular opinion still perceives them as the possible culprit.
"Great battles ensued—waged under the flags of England, France, and Spain—to determine who would become supreme master of the world's high-seas line of supply. These great nations were simply the operating fronts of behind-the-scenes, vastly ambitious individuals who had become so effectively powerful because of their ability to remain invisible while operating behind the national scenery. Always their victories were in the name of some powerful sovereign-ruled country. The real power structures were always the invisible ones behind the visible sovereign powers."
"world-power-stature individuals who vied for supreme mastery of the world's high seas lines of supply also operated invisibly through monarchs and nations over whom they had sufficient influence. Through such behind-the-throne influence the influenced nation's resources could be politically maneuvered into paying for the building and operation of the navies and armies that would seek to establish and protect their respective privately owned enterprises."