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Latest Murowa diamond mine Stories

2009-05-04 19:40:00

TORONTO, May 4 /PRNewswire-FirstCall/ - Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) (the "Company") is pleased to provide an update to the Diavik Diamond Mine plan as a result of a revised budget for calendar 2009 that was recently approved by both Rio Tinto plc, the operator of the Diavik Diamond Mine, and the Company. The updated plan incorporates various production options that will enable the operation to adapt to changes in the diamond market. The plan allows for changes to...

2008-10-15 09:00:25

Chief executive Tom Albanese said: "The long term outlook for Rio Tinto remains positive despite the upheavals in global markets. In the third quarter, our business continued to perform extremely well, breaking yet more production records in iron ore, bauxite, hard coking coal and US coal. "In the near term, the Chinese economy is pausing for breath. China is not completely insulated from an OECD recession and we will see an impact on Chinese exports. However, the near term slowdown of...

2008-08-26 09:01:02

Rio Tinto (NYSE:RTP): -- Record underlying EBITDA* of $11,408 million, 73 per cent above first half 2007. -- Record underlying earnings* of $5,474 million, 55 per cent above first half 2007. -- Record net earnings* of $6,914 million, 113 per cent above first half 2007. -- Cash flow from operations up 54 per cent to a record of $8,860 million - a run rate of approximately $1.5 billion of cash flow per month. -- Half year production records achieved in iron ore,...

2008-07-25 18:00:45

TORONTO, July 25 /PRNewswire-FirstCall/ -- Harry Winston Diamond Corporation (TSX: HW; NYSE: HWD) today announced that the operator of the Diavik Diamond Mine has provided the following update on work during the second quarter of 2008 at the Diavik Diamond Mine: Ore production accelerated in the second quarter in line with plan due to improved operating conditions. Ore was mined predominantly from the A154 South kimberlite pipe, with smaller tonnages mined from the A154 North and A418 pipes....

2008-07-16 09:01:00

Commenting on the second quarter's production results, chief executive Tom Albanese said: "These strong results show that we are continuing to expand to meet rapid demand growth in the developing world. We have set quarterly production records for iron ore, mined copper and alumina, thanks to increasing investment in growth projects and a management commitment to deliver more tonnes faster, while maintaining our focus on safety and costs. "The integration of Alcan is proceeding to plan and...

2007-01-05 12:00:43

Text of report by Njabulo Ncube and Rangarirai Mberi entitled "Zimbabwe under probe" published by Zimbabwean newspaper Financial Gazette on 5 January; subheadings inserted editorially Zimbabwe's diamond rush has prompted the World Diamond Council (WDC) to launch an international probe into allegations that the rough stones from this country are being smuggled into South Africa and blended with "blood diamonds" from the Democratic Republic of the Congo (DRCongo) for export. It is...


Word of the Day
out-herod
  • In the phrase to out-herod Herod, to be more violent than Herod (as represented in the old mystery plays); hence, to exceed in any excess of evil.
Herod refers to 'Herod the Great,' a Roman client king and 'a madman who murdered his own family and a great many rabbis.' According to the OED, the term is 'chiefly with allusion to Shakespeare's use' in Hamlet.
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