Rio Tinto

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Overview

Rio Tinto operates a fully integrated global diamond business comprising some 1,500 people. Rio Tinto owns and operates the Argyle Diamond Mine in the East Kimberley region of Western Australia and owns a 60 per cent interest in, and operates, the Diavik Diamond Mine in Canada's remote Northwest Territories. Rio Tinto produces a strong and trusted profile of diamonds which are sold in all established and developing markets.

Visit our website: www.riotinto.com
Stock Market Listing: London [LSE:RIO], Australia [ ASX:RIO]
Bloomberg Tickers: RIO:LN RIO:AU


Presentations

Beauty with integrity, Luxury Law Summit, London 17 May 2016
Diamonds and Minerals Investor Roadshow, Sydney 7 Sep 2015
More Rio Tinto Diamonds presentations: www.riotinto.com/investors/presentations-91.aspx




Sustainability Reports

Taxes Paid 2016 10 April 2016 
Argyle Diamond Mine 2015 2016
Diavik Diamond Mine 2015 30 Mar 2016
Taxes Paid 2015  24 Jun 2016
Rio Tinto 2015 24 May 2016
More on Rio Tinto sustainability www.riotinto.com/our-commitment-107.aspx


Annual/Half-yearly reports

2016 Annual Report  2-Mar-17
2016 Full year media release 8-Feb-17
2016 H1 03-Aug-16
2015 Annual Report 11-Feb-16
More reports  www.riotinto.com/investors-87.aspx


Production reports/Operations Reviews

2017 Q1 20-Apr-17
2016 Q4  17-Jan-17 
2016 Q3  20-Oct-16 
2016 Q2 19-July-16
2016 Q1 19-Apr-16
2015 Q4 19-Jan-16
More operation reviews  www.riotinto.com/investors-87.aspx


Mines

Rio Tinto’s diamonds assets comprise the Argyle Diamond Mine in Australia (Rio Tinto: 100 per cent) and the Diavik Diamond Mine in Canada (Rio Tinto: 60 per cent).

Mine
Location Mining Method Production 2016
100% basis

Rio share

Rio production
       ‘000cts  %  ‘000cts
Argyle Australia Underground 13,958 100 13,958
Diavik Canada Open pit and underground 6,658 60 3,995
TOTAL 17,953



Diamond Sales and Marketing

Rio Tinto Diamonds’ business model is to work with a network of partners – diamantaires, manufacturers, designers and retailers – to bring diamond consumers innovative products that they can trust.

Rio Tinto is headquartered in London with a sales and marketing support office in Antwerp and representative offices in India, the United States and Hong Kong to maintain close and regular contact with key markets. This helps Rio Tinto to better understand its operating environments and support their ongoing development. For example, it is estimated that at least two-thirds of Rio Tinto's diamond production by value is manufactured in India, where some 250,000 workers are engaged in diamond manufacturing. Rio Tinto’s Indian office in Mumbai has been operating since 1989, providing diamond traders, jewellery manufacturers and exporters with sales and technical support, including assistance to develop superior diamond cutting skills. Rio Tinto has also introduced initiatives to help improve the industry's practices in relation to health, safety, quality management and environmental and social responsibility.

Rio Tinto’s representative office in New York (opened in 2007) directly supports customers in the United States – the world’s largest retail diamond jewellery market – while the Hong Kong office (opened in 2010) provides an active presence in China, the world's fastest growing consumer market for diamonds. The niche Argyle Pink Diamonds business, which cuts and polished the rarest pink diamonds in the world, is located in Perth, Western Australia.

More on Rio Tinto's diamonds sales and marketing:  www.riotinto.com/copperanddiamonds/sales-and-marketing-10531.aspx



Reserves and Resources

As of 31 Dec 2016  See 2016 Annual Report pages 224 and 229