Sentences with phrase «operating diamond mines»

Rio Tinto's share of the production from its three operating diamond mines is sold through its sales and marketing headquarters in Antwerp, with representative offices in Mumbai, Hong Kong and New York.

Not exact matches

It was a brash move for an exploration and production firm to tack on a high - end jewel retail arm, but it made perfect sense to the pragmatic Gannicott, who liked the efficiencies of operating in what he described then as «the two bookends of the diamond pipeline: mining and retail,» and who also saw the brand's prestige as having great potential in such emerging luxury markets as China.
Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
The results discussed in this news release are from drill core samples obtained by PQ and HQ - size triple - tube diamond core drilling using two PMC400 man - portable drill rigs owned by SAMJ and operated by Sumiko Resources Exploration & Development Co., Ltd. (a wholly owned exploration services subsidiary of Sumitomo Metal Mining Co., Ltd.) The drilling program was fully supervised by SAMJ senior project geologists at the drilling site.
Rio Tinto operates three diamond mines, Argyle in Australia (100 per cent interest), Diavik in Canada (60 per cent interest), and Murowa in Zimbabwe (78 per cent interest), as well as Bunder, an advanced diamonds project in India (100 per cent interest).
It also operates a niche cutting and polishing factory in Perth for the rare pink diamonds from its Argyle mine.
The company is focused on exploring for copper, gold, silver, niobium, diamonds and zinc deposits in West Africa, South America and in the Canadian provinces of Ontario and Québec, where it also operates a niobium mine.
With a small population, and high operating costs due to its size and climate, the territory's main employers are diamond mining and the public sector.
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