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Rio Tinto becomes sole owner of Diavik Diamond Mine

Rio Tinto becomes sole owner of Diavik Diamond Mine

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MONTREAL–(BUSINESS WIRE)–Rio Tinto has become the sole owner of Diavik Diamond Mine in the Northwest Territories of Canada, continuing its leading role in the Canadian diamond industry. A transaction has been completed for Rio Tinto’s acquisition of the 40 per cent share held by Dominion Diamond Mines in Diavik, following the Court of Queen’s Bench of Alberta’s approval. With production at Diavik expected to end in 2025, its high-end, predominantly white gem quality diamonds with Canadian pro

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