Rio Tinto has installed Canada’s largest off-grid solar power plant at its Diavik diamond mine on the edge of Arctic Circle. It will provide up to a quarter of the electricity needed for production until the mine reaches the end of its life in 2026, and for the closure, which will take another three years. […]

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Mining major Rio Tinto is marking the 20th anniversary of its Diavik diamond mine in Canada’s Northwest Territories. The mine, which was discovered during a mineral prospecting rush in the 1990s, has since produced over 140 million carats of rough diamonds through a combination of surface and underground mining. The majority of the diamonds mined […]

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Rio Tinto, 100 percent owner of the Argyle diamond mine in Australia and the operator and 60 percent owner of the Diavik diamond mine in Canada, has put in place extensive controls through a combination of testing, screening, sanitizing and social distancing, that have allowed it to continue to safely operate through the pandemic. Both […]

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Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21 million for the year, a steep drop when compared to the profit of US$ 118 million it reported a year earlier. […]

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Demand and prices for the wider market have fallen as concerns mount about the world economy, and laboratory-grown gems have added to supply. Colored or particularly large diamonds, however, have held value, especially pink diamonds, 90% of which are produced by Argyle. That mine, the world’s biggest in carat terms, is expected to cease production […]

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Rio Tinto and Dominion Diamond Mines have revealed three large rough diamonds from their Canadian diamond mine that will be tendered to diamond specialists from around the world. Collectively known as the Diavik Stars of the Arctic, the three rough diamonds showcase a rare combination of size, quality and colour from the Diavik diamond mine […]

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The A21 diamond pipe, the fourth at the Diavik Diamond Mine, was opened yesterday by Honourable Wally Schumann, Minister of Industry, Tourism and Investment with the NWT government, Rio Tinto has announced. The new open pit pipe will provide an important source of incremental supply over the next four years to sustain production levels there, […]

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