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Rio Tinto In No Hurry To Decide Diamond Fate
Sep. 13, 2012 01:50PM PST
Gem InvestingRapaport reported Rio Tinto (ASX:RIO,NYSE:RIO) said it’s under no time constraints to decide on the future of its diamond business, stressing that it will review all of its options.
Rapaport reported Rio Tinto (ASX:RIO,NYSE:RIO) said it’s under no time constraints to decide on the future of its diamond business, stressing that it will review all of its options.
As quoted in the market news:
The company announced in March that it is considering selling its diamond portfolio, which includes the Argyle mine in Australia, a 60 percent stake in the Diavik mine in Canada, a 78 percent share of the Murowa mine in Zimbabwe and the Bunder development project in India.