Rio Tinto and BHP have their diamond assets on the market, and should KKR snaffle them both it could create the world's largest pure diamond play with attractive float options down the line. 16 Apr 2012 4:23 PM
MONTREAL - Mining giants BHP-Billiton and Rio Tinto may spin off their diamond assets as publicly traded companies if they can't obtain premiums from potential buyers, industry analysts said Monday.
This apart, the head of resource quality and assistance division, CIMFR Digwadih campus, Nandita Choudhary said that general body meeting also decided the society's agenda for the next two years.
Mining can never be detached from politics but Zimbabwe’s politicians try to justify and magnify their party ideologies, thus, the existence of abundant natural resources generates a series of economic and political distortions.
It seems that diamonds, contrary to what Ian Fleming had to say, are not forever. Last month, Rio Tinto announced that it had initiated a strategic review of its diamond business, including a range of options that could conceivably lead to the sale of its diamond interests, including the Argyle Mine in Western Australia – the world's largest production mine by volume.
Vancouver BC - LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, FSE: DH8B)(the "Company")is pleased to announce that Mr. Kumara Rachamalla, M.B.A,M.Eng.,P.Eng. has been appointed to the Board of Advisors. ...
The world's third biggest diamond producer could be heading for a listing on the London Stock Exchange as the US private equity giant KKR stalks the diamond operations of BHP Billiton and Rio Tinto with a view to merging them.