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Bunder mine India
Bunder Mine Draws Growing Interest
Two major resources companies are considering bidding forthe Bunder diamond mine in India, after Rio Tinto offloaded the project earlier this year, Reuters reported.Adani Group, an India-based conglomerate, and VedantaResources, a London-headquartered group...
Mining Oct 29, 2017 Rapaport News
Rio Tinto Bunder India
Rio Tinto Gifts India Mine to Government
Rio Tinto took an unusual decision to hand over the Bunderdiamond mining project in India as a gift to a regional government, after walkingaway from the program last year.In August, the company announced it won’t be continuing with the...
Retail Feb 07, 2017 Rapaport News
Jacques Rio Tinto
Rio Tinto U-Turns to Prioritize Diamonds
Rio Tinto’s new chief executive officer said he plans toexpand the miner’s diamond mining operations, three years after the company consideredselling the business.“I would like to have more diamonds, to be very explicit. That’s...
Mining Dec 07, 2016 Rapaport News
India Seeks Investor for Bunder Project
India will auction the Bunder diamond-mining project or allocate it to a state firm after Rio Tinto pulled out of the venture earlier this month, Reuters reported."Bunder is one of the best deposits in India and we would like...
Mining Aug 30, 2016 Rapaport News
Rio Tinto Bunder India
Rio Tinto Abandons Indian Diamond Mining Project
Rio Tinto has terminated its Bunder diamond mining projectin India, the company confirmed to Rapaport News.The venture in the central Indian state of Madhya Pradeshwas tipped as the first significant diamond mine in India and...
Mining Aug 21, 2016 Rapaport News
Rio Tinto
Rio Tinto Edges Closer to Diamond Unit Flotation
Rio Tinto is in the process of developing plans with its advisers at Morgan Stanley to raise up to $380.8 million (GBP 250 million) through a separate listing of the company's diamond division on the London Stock Exchange (LSE).Sources close...
Mining Jun 03, 2013 Deena Taylor
Argyle Mine
No Time Pressure on Rio Tinto Diamond Review
Rio Tinto said it’s under no time constraints to decide on the future of its diamond business, ‎stressing that it will review all of its options, including a possible divestment from the industry.‎The company announced in March that...
Mining Sep 13, 2012 Dilipp S Nag
Argyle Mine
Rio Tinto Appoints Truter to Oversee Argyle Mine
Rio Tinto appointed Kim Truter as the managing director of the company's Argyle diamond mine in Australia, ‎effective July 1. ‎ Truter held a number of senior roles within Rio Tinto and most recently served as president ‎and...
Mining Jun 20, 2012 Dilipp S Nag
Rio Tinto
Rio Tinto Appoints Malkani to Oversee the Bunder Diamond Project
Rio Tinto appointed Tarun Malkani to lead its Bunder diamond project in Madhya Pradesh, India. Malkani will assume the position of chief operating officer on July 1 after having served as the director for Rio Tinto's...
Mining May 15, 2012 Dilipp S Nag
Rio Tinto
Rio Tinto Considers Exiting From Diamond Business
Rio Tinto announced that it is considering exiting its diamond business. The company has begun a strategic review of the diamond unit that will include exploring a range of options for potential divestment of its diamond interests."We...
Mining Mar 27, 2012 Dilipp S Nag
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