News

Rio Tinto’s diamond production up 5% in Q3

Production at Argyle up 7%

diamond world news service

At the close of the third quarter this year, mining giant Rio Tinto noted a 5 percent increase (on y-o-y basis) in its diamond production to 3.706 ‎million carats.

The company’s fully-owned Argyle diamond mine recorded 7 percent increase in production to 2.454 million carats. Higher grade recovery at the Argyle mine is what the company attributes to its overall increased diamond production in the said quarter.

Rio Tinto’s 60 ‎percent share in Canada’s Diavik mine churned somewhat a flat production at 1.160 million carats. The company’s ‎‎78 percent share in the Murowa mine saw a 28 percent increase in production to 92,000 ‎carats.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Van Cleef & Arpels Unveils 'Fleurs d’Hawaï' Collection at Dumfries House, Celebrating Nature and Craftsmanship

Florida Couple Discovers Rare 3.36-Carat Diamond at Arkansas’ Crater of Diamonds

Fancy Colour Diamond Prices Surge 205% Since 2005, Says Natural Diamond Council

British Luxury Brand Anayah Breaks Barriers with First Female Artisans in India

De Beers' Payments to Namibia Fall Amid Diamond Market Slump