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Capability brochure December 2012
Diamonds
Beauty with integrity
Capability brochureDiamonds
Capability brochure
Diamonds
December 2012
Our diamond business
Rio Tinto is a leading international business involved in each stage of metal and mineral production. The Group combines Rio Tinto plc, which is listed on the London Stock Exchange, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Cover image
Mined rough diamonds are converted into gems through a multi-step process called ‘cutting’.
Below
The ice road leading to our Diavik diamond mine, Canada.
Rio Tinto is a significant diamond producer and the world’s largest producer of natural coloured diamonds. Rio Tinto has been in the diamond business since 1979 and today operates three world class diamond mines and an advanced diamond project. Our focus
is on the mining, sales and marketing of “rough” or uncut diamonds.
We also operate a niche business cutting and polishing the rare pink diamonds produced at the Argyle diamond mine in Australia, which are sold as loose polished diamonds under the Argyle Pink Diamonds brand.
Rio Tinto produces the full spectrum of diamonds
in terms of qualities, sizes and colours. All diamonds produced by Rio Tinto are destined for the fine jewellery market. Overall Rio Tinto holds a significant position in the diamond industry.
The way we go about our business is of interest to the wider community and we invest a lot of time and
energy in issues of “product stewardship”. Increasingly our customers want to know that the products we produce have integrity: that we don’t offer “conflict” diamonds to the market, that we offer exemplary working conditions to our employees, that we respect the environments in which we operate and that we add value to the communities in which we participate. For our part, we also want to know that the people we do business with are also operating ethically.
For some time, Rio Tinto has been at the vanguard of reform in the jewelle
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