Rio Tinto plc
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Mountain Province’s first diamond sale of 2021 shows 8% price rise
After a devastating 2020 which saw a near collapse in the global diamond trade, Mountain Province Diamonds‘ latest sales figures show the sparkle may be starting to return to the diamond sector. The 49%-owner of the Gahcho Kué mine in…
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MINING PEOPLE: Barrick, Defiance Silver, Equinox, Ethos Gold, First Mining, Solaris, Stone Gold
Management appointments announced this week include: Defiance Silver has announced appointments to its executive and management teams. George Cavey has joined the company as VP of exploration. Douglas Cavey is joining as VP of corporate development and as a senior…
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Nova adds Janice Lake royalty to portfolio ahead of listing
Vancouver-based Nova Royalty has picked up nine new royalties from Transition Metals, including a 1% net smelter return (NSR) royalty on the Janice Lake copper-silver project in Saskatchewan which is being explored by major Rio Tinto. The deal will cost Nova…
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The Northern Miner Podcast – episode 202: Rio Tinto responds and Global Mining Symposium opening remarks, ft. group publisher Anthony Vaccaro
This week’s episode features the launch of The Northern Miner’s Global Mining Symposium virtual mining conference, with opening remarks by group publisher Anthony Vaccaro. As well, Rio Tinto responds to last week’s podcast — we examine what was said and take…
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DIAMONDS: Star reports first results from Rio Tinto bulk sample
SASKATOON – Star Diamond has begun to receive results from Rio Tinto‘s bulk-sampling program at the Star-Orion South project in central Saskatchewan. Rio has so far processed material from four of the 10 trenches excavated last year from the Star…
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DIAMONDS: Natural Diamond Council makes marketing push
The Diamond Producers’ Association (DPA), established only five years ago by a coalition of diamond miners including De Beers and Alrosa, has relaunched as the Natural Diamond Council. In addition to continuing to advertise natural diamonds as the DPA did…
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COPPER-SILVER: Rio Tinto preps plans for 2020 at Janice Lake
SASKATCHEWAN – Following up on a positive 2019 exploration program, Rio Tinto is planning 2,000 metres of drilling, plus mapping, prospecting and geophysical surveys this year at the Janice Lake copper-silver project in northern Saskatchewan. The major is earning up…
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COMMENTARY: Dominion Diamond latest to seek creditor protection
Blaming the COVID-19 pandemic, Dominion Diamond sought and was granted creditor protection last month. Mining was suspended in March due to requirements to limit the spread of the virus. Dominion is the 100% owner and operator of Canada’s first diamond…
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DIAMONDS: Coronavirus curbs Mountain Province revenue
Unlike many other mines in Canada and around the world that have been put on care and maintenance in the last week because of the global COVID-19 pandemic, De Beers‘ (51%-owned) and Mountain Province Diamonds‘ (49%-owned) Gahcho Kué mine in…
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IRON ORE: Rio Tinto okays US$749M investment in Pilbara mine
AUSTRALIA – Rio Tinto has approved a US$749 million (A$1 billion) investment in its existing Greater Tom Price iron ore operations to sustain production capacity at the mine in the Pilbara of Western Australia. The funds will be invested in…
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ENVIRONMENT: Rio Tinto signs MOU with Chinese steelmaker to improve performance
CHINA – Rio Tinto has signed a memorandum of understanding with this country’s largest steel producer, China Baowu Steel Group, and Tsinghua University to develop and implement new methods to reduce carbon emissions and improve environmental performance in the iron…
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COPPER: Oyu Tolgoi underground costs jump 35%, says Rio Tinto
MONGOLIA – Big mining projects come with big price tags, and the Oyu Tolgoi copper-gold mine in the South Gobi area is no exception. The operator and 50% owner Rio Tinto says the cost to complete the underground portion of…
