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.

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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