RapNet


Rapaport News

 

Mining

 

高级搜索
最新文章
视频
功能
新闻
挖掘
原石市场
抛光市场
制造
零售

Rio Tinto Output Falls in 1H

Diamond recoveries slump 10%.
Jul 16, 2019 7:18 AM   By Rapaport News
Print 打印 Facebook Facebook Twitter Twitter 共享 Share


RAPAPORT...
Diamond production at Rio Tinto dropped 10% year on year in the first half of 2019, as the miner recovered lower-grade ore at its Argyle mine in Australia.

The company’s share of production at the Argyle and Diavik mines came to 8.3 million carats for the six months ending June 30, the company said Tuesday. Argyle yielded 6.1 million carats, a 13% decrease compared to the same period last year.

Rio Tinto’s share of output at Diavik fell 1% to 2.2 million carats, as lower grades in the first quarter outweighed an improvement in the second quarter, the miner said. Rio Tinto owns a 60% stake in the Canadian facility, with Dominion Diamond Mines holding the remainder.

The company’s production for all mines slipped 3% to 4.5 million In the second quarter. Production at Diavik rose 3% to 1.2 million carats, while recovery at Argyle dropped 5% during the period.

Rio Tinto expects to produce 15 million to 17 million carats in 2019, compared to 18.4 million carats last year.

Image: Argyle mine. (Rio Tinto)
Tags: Argyle, Argyle mine, Diavik, Diavik mine, Dominion Diamond Mines, Rapaport News, Rio Tinto
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



电洽: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    私隐政策  
  
twitter twitter
关于 Rapaport
广告业务