Friday 17 February 2017

#AOJDailyeNews Rio Tinto diamond production up 4%, revenue down 12% in 2016

 Mining conglomerate Rio Tinto released its full year results for 2016 last week, reporting that revenue from the diamond business declined by 12.2% year-on-year, even as production during the period rose by 4% as compared to 2015. The company has two assets: the 100% owned Argyle mine in Australia and a 60% share in the Diavik mine in Canada.Read More

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