Rio Tinto to spend $40m on Diavik diamond mine expansion
Mining News Pro - Rio Tinto is going ahead with a $40 million expansion of its iconic Diavik diamond mine in the Northwest Territories of Canada, which will extend the operation’s life to at least early 2026.
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Rio Tinto now the sole owner of Diavik diamond mine
Mining News Pro - Rio Tinto became on Thursday the sole owner of the iconic Diavik diamond mine in Canada’s Northwest Territories after buying the 40% share held by Dominion Diamond Mines, despite previously saying it had no plans to take full control of the aging Arctic mine.
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