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    Rio Tinto’s Argyle Diamond Mine Hopes to Retain Local Workforce

    Investing News Network
    Dec. 28, 2010 06:33AM PST
    Gem Investing

    Israeil Diamond Portal.com reports that Rio Tinto (NYSE:RIO) hopes to keep locals employed at its’ Argyle diamond mine in Western Australia.

    Israeil Diamond Portal.com reports that Rio Tinto (NYSE:RIO) hopes to keep locals employed at its’ Argyle diamond mine in Western Australia.

    The story is quoted as saying:

    According to a report from ABC.net.au, Rio Tinto is investing $1.5 billion in converting Argyle from an open-pit to an underground mining operation with the goal of extending the mine’s life past 2019.

    To access the full story, click here.

    nyse:riounderground miningaustraliawestern australia
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