BYE-BYE BLING? Mining company Rio Tinto PLC is looking at options for disposing of its diamond businesses. The company operates diamond mines in Australia, Canada and Zimbabwe, and has a diamonds project in India.
QUALITY VS. STRATEGY: The chief executive of Rio Tinto's diamonds and minerals division says diamonds are a high-quality business with growing demand, but the company is reviewing whether diamonds fit its strategy of operating large, long-life, expandable assets.
STAY TUNED: Rio Tinto did not announce a deadline for a decision.