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Star Diamond notifies Rio of non-compliance

A diamond project partnership has lost its lustre, with Canada’s Star Diamond (TSX: DIAM) yesterday accusing its option-to-joint-venture partner Rio Tinto Exploration Canada of non-compliance.

Star Diamond notifies Rio of non-compliance Star Diamond notifies Rio of non-compliance Star Diamond notifies Rio of non-compliance Star Diamond notifies Rio of non-compliance Star Diamond notifies Rio of non-compliance

Rio’s bulk sampling plant, pictured under construction in October 2019, at Star Diamond’s Project FalCon in Saskatchewan

Rio had moved to acquire a majority stake in Star's Fort à la Corne project, dubbed Project FalCon, in November - years ahead of schedule.