Says Diamond Project as it was considered not of the scale
required for Rio Tinto’s diamond mining strategy.
This does not mean there is no Diamonds, just the scale is too small for RIo, but NAD its a good start.
The Merlin Diamond Project comprised a small-scale diamond mining and processing operation in the Northern
Territory of Australia.
The Merlin Diamond Project, 100% owned by Rio Tinto Limited was part of the purchase of Ashton Mining Limited in November 2000. Argyle Diamonds (100% owned by Rio Tinto Limited) was the operator.
As at the end of May 2003, Rio Tinto closed the Merlin Diamond Project as it was considered not of the scale
required for Rio Tinto’s diamond mining strategy.
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