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News Breaks | | | | December 6, 2012 | | 17:53 EDT |  | HWD, RIO | Harry Winston says Diavik Diamond Mine full-year target production 7.1M carats
Diavik Diamond Mine's full-year target production is expected to be approximately 7.1M carats from the mining of 2.1M tonnes of ore and the processing of 2.0M tonnes of ore. The decrease in carats from the original plan is primarily due to deferring the processing and recovery of lower value carats from the re-processed rejects in favour of processing underground ore containing higher valued carats. A new mine plan and budget for CY13 is under final review by Rio Tinto (RIO) and the company. The plan for CY13 foresees Diavik Diamond Mine production of approximately 6M carats from the mining and processing of approximately 1.6M tonnes of ore with a further 0.2M tonnes processed from stockpiled ore from CY12. Mining activities will be exclusively underground. Included in the estimated production for CY13 is approximately 0.6M carats from RPR and 0.1M carats from the improved recovery process for small diamonds. | |
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News For HWD;RIO From The Last 14 Days Check below for free stories on HWD;RIO the last two weeks. |
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| May 24, 2013 | | 05:47 EDT |  | RIO | Rio Tinto cuts 100 jobs in Utah, WSJ reports
 Subscribe for More Information | | | May 23, 2013 | | 05:57 EDT | | RIO | Vale, Rio Tinto accused of neglecting displaced Mozambicans, Reuters reports
Subscribe for More Information | | | May 20, 2013 | | 07:58 EDT |  | RIO | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. | | | May 14, 2013 | | 09:38 EDT |  | RIO | Rio Tinto downgraded to Equal Weight from Overweight at Barclays
Subscribe for More Information | | | 07:29 EDT | | RIO | BofA/Merrill to host a conference
Subscribe for More Information | | | May 10, 2013 | | 05:53 EDT | | RIO | Carlyle Group bids on stake Rio Tinto Australian copper mine, Reuters reports
The Carlyle Group (CG) submitted a bid for Rio Tinto's (RIO) 80% stake in the Northparkes copper mine in Australia, sources say, reports Reuters. Analysts have suggested Rio Tinto could receive up to $1B for the mine. Reference Link | |
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