Argyle

Key Facts
  • Asset TypeMine
  • LocationAustralia

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Latest Information
  • US$803 M Investment on Argyle Mine
    Rio Tinto Announced it Will Invest US$803 M to Ramp up the Underground Block Cave Project at the Argyle Diamond Mine,Western Australia. Following a Transition From the Current Open PIT Operation,the Underground Will be Fully Operational in 2013. the Project Will Extend the Life of the Mine Until at Least 2019.
    On 2010-09-14
  • 3Rd Quarter Production Results - (Aca)
    3Rd Quarter Production Results - (Aca)
    On 2007-01-24
  • 4Th Quarter Operations Review
    the World's Second Biggest Miner Rio Tinto Posted Record Iron Ore Production in 2005Ahead of Further Anticipated Price Increases From Japanese Steel Mills,According to Australian Associated Press. Rio Tinto's Iron Ore Output Jumped16 PER Cent in 2005to124.49 Million Tonnes,Taking Advantage of 2005'S 71.5Percent Price Rise in the Commodity. Early Last Year,Brazil's Cvrd Negotiated the Massive 71.5Percent Hike in the Benchmark Price of Iron Ore With Japanese Steel Mills With Other Miners Following With Similar Deals.
    On 2006-01-18
  • Argyle Mine Development Approved
    the Rio Tinto Board has Given the go-Ahead for a a $1.2Billion Expansion of the Argyle Diamond Mine in Western Australia,Which Will SEE its Production Life Extended by a Decade Reports the Australian Associated Press. the Miner Says State Government Concessions on Royalties Were Pivotal in Convincing it to go Ahead With the Development of an Underground Mine at Argyle,in the Kimberley in Western Australia's North West. Argyle is the World's Biggest Diamond Mine,Accounting for About22 % of Global Diamond Production,but the Massive Open CUT Mine HAD Been DUE to Cease Production in 2008.Rio Tinto Says it now Plans to Spend US $760Million(a $1.02 Billion)on the Development of a Block Cave Underground Mine Which Will Produce Diamonds From 2007to 2018.
    On 2005-12-08
  • 3Rd Quarter Operations Review
    3Rd Quarter Operations Review
    On 2005-10-19