RE: RE: RE: Rio Tinto to install world's largest u And then there's the advancement of the Bunder mine in India plus all of the promotion they did with the mega-buck investment there and the "Nazrana " diamond line. On Sept. 19th , Mining.com commented on Rio's apparent lack of action with the last words , " Rio Tinto followed ( BHP ) in March saying that it was reviewing its gem business, potentially selling it all off. So far, no signs of the later has been shown. "
Some analysts say that it would be hard to sell off each part of the whole of their business. Maybe with BHP's exit they see a golden , er , sparkling opportunity.
Crocky