http://www.herald.co.zw/inside.aspx?sectid=19542&cat=8&livedate=6/2/2010Rio in US$300m project to raise diamond output
VICTORIA FALLS. Rio Tinto’s diamond unit in Zimbabwe said it has begun work on a US$300 million expansion programme to raise output six-fold, and has engaged the Government on ways to improve the investment climate in mining.
Mr Neils Kristensen, head of Murowa, the 300 000-carat-per-year diamond mine in southern Zimbabwe, said the firm had begun preparatory work for the planned expansion.
RIO is freezing new expenditure in Oz and going to Zimbabwe. What a hoot.