Rio Tinto has launched its final Beyond Rare Tender, the third in its Art Series, featuring 52 lots of rare diamonds. The final collection pays homage to the life of the Argyle diamond mine in Australia, which ceased operations in 2020, and the Diavik diamond mine in Canada that will cease production next year. The collection, weighing 45.44 carats, is…
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Trott to succeed Stausholm as Rio Tinto head
The board of Rio Tinto has appointed Simon Trott, currently Iron Ore chief executive, to succeed Jakob Stausholm as chief executive, effective August 25. Matt Holcz, currently managing director, Pilbara Mines at Rio Tinto, will be providing interim support in the chief executive Iron Ore role until a permanent appointment is made. Trott has a track record of exceptional delivery…
Read MoreRio Tinto to launch ore sorting demonstration project
Rio Tinto is investing C$7.6 million in an industrial demonstration project to assess the integration of technology that will allow the sorting of ore directly at the source based on titanium and scandium content at its Lac Tio mine located near Havre-Saint-Pierre, Canada. The miner said by separating commercially exploitable rock from waste rock more efficiently, the method could reduce…
Read MoreSupreme Court refusal moves Resolution project forward
The U.S. Supreme Court has declined to hear a Native American group’s case to block a land swap for the Resolution Copper project in Arizona, reported Reuters. The government is now free to start a process that would give Rio Tinto and BHP access to the land. The justices turned away the appeal by nonprofit Apache Stronghold, which argued that…
Read MoreMining maintenance in the modern era
A case for maintenance plans that allow smarter, not harder, work through the use of artificial intelligence and robotics. by Ben Lawrence Remember the early days of the COVID lockdown? Amidst the uncertainty, one commodity became inexplicably precious: toilet paper. The paper industry, a typically steady behemoth, suddenly found itself grappling with a demand surge of unprecedented proportions. For paper…
Read MoreRio Tinto chief to step down
After four years at the helm, Rio Tinto Chief Executive Jakob Stausholm will be stepping down later this year. The miner said “a rigorous selection process is already underway” to find his successor. “Under Jakob’s leadership, Rio Tinto has restored trust with key stakeholders, aligned our portfolio with the commodities where demand growth is strongest, built a diverse and talented…
Read MoreRio Tinto land exchange halted by judge
A U.S. federal judge has temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for their Resolution copper mine in Arizona, citing the Supreme Court’s ongoing deliberations in the complex case, reported Reuters. In an 18-page order, U.S. District Judge Steven Logan said the nonprofit Apache Stronghold was likely to succeed in its appeal to the…
Read MoreDiavik recognized for environmental excellence
Rio Tinto’s Diavik diamond mine has been awarded the Towards Sustainable Mining (TSM) Environmental Excellence Award for its solar power plant – the largest off-grid solar installation in Canada’s territories. “This recognition reflects our commitment to environmental responsibility and collaboration with our partners,” Chief Operating Officer of Diavik Diamond Mine Matthew Breen said. “This project demonstrates the potential for large-scale…
Read MoreResolution Copper land swap gets green light
The Trump administration has moved forward with a proposed land swap for the Resolution Copper project in Arizona. The U.S. Forest Service said it has issued a legally required 60-day notice of the agency’s intent to republish an environmental report needed for the swap to occur. “We are encouraged to hear the U.S. Forest Service intends to republish the Final…
Read MoreRio Tinto unearths rare yellow diamond in Canada
Rio Tinto has discovered one of the largest gem-quality yellow diamonds ever in Canada from its Diavik mine in the remote Northwest Territories of Canada. The 158.20 carat rough diamond is one of only five yellow diamonds weighing more than 100 carats ever unearthed at Diavik. The mine’s production primarily consists of white gem quality diamonds, with less than 1%…
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