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Rio’s Zimbabwe Unit 2010 Diamond Output Up 43 Percent
Feb. 24, 2011 10:44AM PST
Gem InvestingReuters Africa reported that diamond output from a Rio Tinto (NYSE:RIO) subsidiary in Zimbabwe rose significantly last year.
Reuters Africa reported that diamond output from a Rio Tinto (NYSE:RIO) subsidiary in Zimbabwe rose significantly last year.
The market news is quoted as saying:
Diamond production at Murowa mine in southern Zimbabwe rose to 178,126 carats from 124,422 carats in 2009, said shareholder RioZim Limited, which holds a 22 percent stake in the main and was itself owned by Rio Tinto until 2004.
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