Court Orders Rio Tinto To Release Dominion's Diamonds

Mining and Exploration
12/05/2020 09:52

A Canadian judge has ordered the Rio Tinto subsidiary, in the joint venture managing the Diavik mine, to release Dominion's share of production that Rio Tinto has been holding as collateral for overdue payments. Dominion Diamonds filed for protection last week granting the company protection from creditors.