Rio Tinto’s third-quarter diamond production fell 8% year-on-year to 4.2 million carats on account of lower grades at the soon-to-be-closed Argyle mine. For the quarter that ended 30th September, 2020, carat production at the mine in Australia was 10% lower, at 3.203 million carats, than the same period of 2019 as a result of a […]

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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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Rio Tinto posted overall, positive results for the Group for its performance in the first half of 2018 (H1 2018). J-S Jacques, Chief Executive of Rio Tinto said “We have reported another strong set of results with underlying EBITDA of $ 9.2 billion and operating cash flow of $ 5.2 billion. In a favourable market […]

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Rio Tinto‘s Australian Diamonds programme has launched its latest campaign in India, highlighting a new range of affordable bridal and fashion jewellery from the company’s Argyle diamond mine in Australia. Mithali Raj, captain of the Indian women’s cricket team, is the official ambassador for the new campaign, helping promote the popularity of diamonds in fashion […]

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