ZIMBABWE RIO TINTO
November 1st, 2002
BY RICHARD HURSTTHE ZIMBABWE subsidiary of the Rio Tinto Zinc group has announced that it has finalised a study to determine the feasibility of developing a US$35 million open cast diamond mine in the south west of the country. Aaron Mudhuwiwa, spokesman for the company, said that confirmed deposits have two medium sized pipes and a smaller one. Mine development is expected to take place in the second quarter of 2003 with the first diamonds being produced in 2004. The mine is expected to have a 20 years life span and should employ roughly 200 people when it ...
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