Asia

vRio Tinto Diamonds Opening Hong Kong Representative Office

Rio Tinto, one of the world’s leading diamond companies, will be opening a representative office in Hong Kong.
The Hong Kong Representative Office will join Rio Tinto’s diamonds sales and marketing offices in Antwerp, India and the US, to support the marketing of all rough diamonds from Rio Tinto’s mines. Rita Maltez has been appointed to [...]

Company News

Rio Tinto Intends to Ensure Customers are Certified Members of the Responsible Jewellery Council (RJC) by 2011

Rio Tinto’s Antwerp based sales and marketing organisation has announced its intention to work with its customers to ensure they are certified members of the Responsible Jewellery Council (RJC) by 2011.
Rio Tinto is a founding member of the not-for-profit RJC, established in 2005 to provide a single industry standard for responsible business practices across the [...]

Company News

Fitch Upgrades Rio Tinto to ‘A-’; Outlook Stable Ratings

Fitch Ratings has upgraded UK-based Rio Tinto Plc’s and Australia-based Rio Tinto Ltd’s (collectively, the Rio Tinto Group (RT)) Long-term Issuer Default Ratings (IDR) and senior unsecured ratings to ‘A-’ from ‘BBB+’, respectively. The Short-term IDRs are affirmed at ‘F2′ and the Outlooks on the Long-term IDRs are Stable.
“Through a combination of management action on [...]

Africa

Zimbabwe Prime Minister Morgan Tsvangirai Labels Indigenisation Regulations ‘Null and Void’

Prime Minister Morgan Tsvangirai has dismissed the Indigenisation and Economic Empowerment Regulations as being of no force as they were gazetted without consultation within government.
Under the terms of the act, all companies are required to submit an indigenisation plan by April 15, 2010 explaining how their Zimbabwean operations will achieve the required minimum level of [...]

China

Rio Tinto Provides Update on Employees Detained in Shanghai on Charges Related to Bribery and Stealing Commercial Secrets

Rio Tinto has been advised that the People’s Procuratorate has transferred the case relating to the four Shanghai employees, detained since 5 July 2009, to the Shanghai Number One Intermediate Court for trial. A trial date has not yet been set.
The charges relate to receiving bribes and stealing commercial secrets.
Sam Walsh, chief executive Rio Tinto [...]

China

Rio Tinto Appoints Ian Bauert as Managing Director in China

Rio Tinto has appointed Ian Bauert as managing director, China, with immediate effect. Ian will be based in Shanghai and will lead Rio Tinto’s 160-strong team of employees in Beijing, Shanghai and Guangzhou. He speaks fluent Mandarin and established the company’s first office in China more than 25 years ago. Ian has since held [...]

Company News

Clark McEwen Appointed as Marketing Manager of Rio Tinto Diamonds as Patick Coppens Becomes Rio Tinto Diamonds Sales Manager

Rio Tinto, one of the world’s leading diamond companies, is reorganising its Antwerp-based sales and marketing management team.
Integral to this reorganisation is the appointment of Clark McEwen to the position of Marketing Manager, reporting to Jean-Marc Lieberherr, Rio Tinto Diamonds General Manager, Sales and Marketing. Clark will be based in Antwerp, effective March 1. Clark [...]

Africa

BRC DiamondCore Retains Diamond Rights as it Enter into Agreement with Rio Tinto for Exploration of Iron Ore in Northern DR Congo

Diamond news – diamond mining news: BRC DiamondCore Ltd. has entered into an agreement with Rio Tinto Minerals Development Limited for the exploration for iron ore in areas within the Province Orientale, Democratic Republic of the Congo (DRC).
These areas total approximately 4,550 square kilometres and are covered by exploration permits in which the diamond and [...]

China

Case of Rio Tinto Employees Detained in Shanghai China Transferred to People’s Procuratorate

Rio Tinto says that the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on 5 July 2009, has transferred the case to the People’s Procuratorate.
Sam Walsh, chief executive Iron Ore, said, “This transfer is the next stage in a continuing legal process under Chinese law. It would not be appropriate [...]

Canada

Diavik Diamond Mine Flight Changes Enhance Northwest Territories Residency

In support of its continuing commitment to employ northerners, Diavik Diamond Mines Inc. (DDMI), operator of the Diavik Diamond Mine, has made changes in relation to community flight pick up points. We have recently added Fort Simpson as a local community pick up point. Our other community pick up points include of Wekweti, Gameti, Wha [...]

Europe

Diamond Bank Execs Feature on Antwerp Diamond Symposium Keynote Speakers List

The Antwerp World Diamond Centre (AWDC) has announced the keynote speakers for the 2009 Antwerp Diamond Symposium, which will be held on November 16. With the theme “The Diamond Industry in the New Economy,” the symposium will examine the state of the diamond markets and their prospects as the global economy starts along the path [...]

Company News

India’s Madhya Pradesh to Reap Benefits of Unique Diamond Sample Processing Plant

The Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chauhan, has inaugurated thesample processing plant at the site of Rio Tinto’s Bunder Project, near Bakswaha in the Chhatarpur district.
The Bunder Project, in the Bundelkhand region of Madhya Pradesh, comprises a cluster of eight lamproites and is Rio Tinto’s most advanced diamond project. The inauguration of [...]

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