Rio Tinto India has identified diamond deposits in Chhatarpur district, Madhya Pradesh (MP) and plans to set up a diamond project for commercial production of diamonds. According to a report the MP government is expected to get Rs100 crore annually as royalty from the project.>>Read More

Rio Tinto declared that it would take a range of measures to reduce net debt by $10 billion by end of 2009. >>Read More

Weak global economic conditions and the associated fall in commodity prices have caused BHP Billiton to rethink its takeover bid for mining rival Rio Tinto. >>Read More

Global mining behemoths like BHP Billiton and Rio Tinto are likely to be affected by the ministry of environment and forests (MoEF) refusal to consider a proposal from the ministry of mines. >>Read More

The second Indo-US Jewellery Business Relationship Development Conference, sponsored by Rio Tinto Diamonds and hosted by the Indian Gem & Jewellery Export Promotion Council(GJEPC), will begin in Mumbai on Monday, 8 September. >>Read More

Wal-Mart Stores, on Tuesday launched a new line of jewelry whose source can be tracked by the consumers. Consumers can see online where their jewellery was mined and manufactured. >>Read More

India International Jewellery Show (IIJS) 2008 will be held in Mumbai between 7-11 August. >>Read More

This move is in line with Rio Tinto’s decision to divest at least US$ 15bn worth of assets. >>Read More

The new law allows the government to take over 51 percent stake in the mining company. This may adversely affect the fast growing, platinum mining industry. >>Read More

A total of 65 pink diamonds were sold to 17 successful bidders from around the globe, many at record breaking prices, during the 23rd annual Rio Tinto Diamonds Argyle Pink Diamond Tender, held in Perth, Australia, Hong Kong, and New York. >>Read More