Rio Tinto showcases Argyle mine’s pink diamonds

Dozens of suspects arrested after the mine disaster that shook Turkey last year will stand trial beginning next month.

He has named it the "fair dinkum nugget" because when people feel its weight they say "fair dinkum this is huge.”

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

One of the goals is to support the creation of 250 local mining suppliers and have the sector exporting $10bn in knowledge-intensive solutions by 2035.

Gold for April delivery on the Comex division of the New York Mercantile Exchange was last at $1,184.20 per ounce, or about $12 below where it was before the report was released.

After more than four years of consultation and environmental studies, the miner has been granted conditional approval by Western Australia’s authorities.

The planned optimization include the Athabasca Twin and the Wood Buffalo extension projects.

Majority owner KGHM International also said it is sticking to its commitment to invest US$9 billion over the next five years.

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.