at the very Core of it all … is Content!
30 July 2013 The world’s most exclusive diamond sale, the Argyle Pink Diamonds Tender, is being previewed in Tokyo for the first time in five years. Argyle Pink Diamonds manager Josephine Johnson said, “We are delighted to be back in Tokyo to showcase the finest red, pink and blue diamonds from the Argyle mine in …
Rio Tinto has been notified by the Government of Mongolia that the terms of the project financing provisionally secured for the underground development of Oyu Tolgoi will need to be approved by the Mongolian Parliament. The Mongolian Parliament is currently in summer recess and the parliamentary approval process may take some time to work through. …
Rio Tinto has reached a binding agreement for the sale of its 80 per cent interest in Northparkes to China Molybdenum Co., Ltd. (CMOC) for US$820 million. Rio Tinto chief financial officer Chris Lynch said “The sale of Northparkes represents great value for our shareholders and demonstrates our continued focus and discipline in the way …
Rio Tinto has approved US$1.03 billion (Rio Tinto share) for the construction of a new 2,500 litre per second seawater desalination facility to ensure continued water supply and sustain operations at the Escondida mine in Chile. Rio Tinto holds a 30 per cent interest in Escondida. The project will provide a sustainable supply of water …
Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, with period on period productivity improvements. One of our key priorities this year is to deliver our growth …
Coal production has started at the Kestrel Mine Extension, a US$2 billion dollar project near Emerald in central Queensland. The extension will add 20 years to the life of the Rio Tinto managed Kestrel Mine, the company’s only underground coal operation. Kestrel Mine general manager operations John Coughlan said “After four years of construction, seeing …
Oyu Tolgoi has started shipping copper concentrate to customers from its copper and gold mine in Mongolia. The shipping of concentrate is the culmination of a three-year, US$6.2 billion project to build the first phase of one of the world’s top five copper mines. Rio Tinto Copper chief executive Jean-Sebastien Jacques said “It has taken …
after the mining is over, conservation and restoration of the natural environment is becoming a concern says Sumit Khetan Resource and mining companies are the favourite whipping boys for any crime whatsoever around the world nowadays. A case in point is the proposed new tax regime in Australia. The Australian government’s plan to impose a …
Ramat Gan, Israel — July 1, 2013: Rio Tinto Diamonds, one of the world’s leading rough diamond producers, announced the firm will for the first time in its history, hold a viewing for one of its rough diamond auctions in Israel. The viewing will be held during the summer edition of the US & International …
Rio Tinto has decided to retain its diamonds businesses after concluding a strategic review which considered a range of options, including potential divestment. Rio Tinto Diamonds & Minerals chief executive Alan Davies said “The medium to long-term market fundamentals for diamonds remain robust, fuelled by growing demand for luxury goods in Asia and continuing strong …