$500M Investment by Rio Tinto to Develop Bunder Diamond Mine

Rio Tinto has identified a cluster of eight diamondiferous pipes in India. 

Rio Tinto Global mining giant would invest $500 million in the diamond mine in Madhya Pradesh India. The potential project would create thirty thousand jobs when approval for the mining lease is granted by local authorities.

Rio Tinto’s CEO said the project would commence once the company has environmental clearance.

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