Rio has announced a new China diamond strategy, with emerging play Kimberley Diamonds (ASX: KDL) up 600% over past year. Kimberley has continued its seamless transition to commercial-scale diamond production following the acquisition of the Ellendale diamond operation in Western Australia earlier in the year from UK-listed Gem Diamonds.
I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...
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