MINER'S RIGHT

Sparkle fading for Rio Tinto

There has long been something seductive about diamonds, thanks in part to the ‘Diamonds are Forever’ advertising slogan, but that doesn’t mean that diamond miners are in the business forever, a point that needs to be made about a relative newcomer to the game, Rio Tinto.

The sun may be setting on diamonds but Rio Tinto is, so far, standing firm (pictured: Argyle in Western Australia)

The sun may be setting on diamonds but Rio Tinto is, so far, standing firm (pictured: Argyle in Western Australia)

An odd division in a group best known as a producer of bulk commodities such as iron ore and coal and base metals such as copper and aluminium, diamonds captured the imagination of senior Rio Tinto managers...

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