Rio Tinto announces withdrawal from high profile diamond mining project in MP - News Summed Up

Rio Tinto announces withdrawal from high profile diamond mining project in MP


Briefcase 1 Bunder diamond mining project is based in Chattarpur district, MP. 3 Rio Tinto to work with the Centre and MP govt to find a third party investor. Mining giant Rio Tinto on Friday announced that it was withdrawing from the high profile Bunder diamond mining project based in Madhya Pradesh's Chattarpur district. Rio Tinto had begun a regional exploration program in 2002 and discovered diamond deposits in 2004. RIO TINTO RAN INTO TROUBLE OVER ENVIRONMENT CONCERNSRio Tinto had even constructed a state of the art sample mining plant at Bunder.


Source: India Today August 22, 2016 07:07 UTC



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