Star Diamond Corporation to acquire 100% interest in Star – Orion South Diamond Project from RTEC
Acquiring Company
Star Diamond
Acquired Company
Rio Tinto
Saskatoon
LondonMiningMineralManufacturingMiningMineralMining TechnologyData MiningDescription
Star Diamond Corporation has entered into a binding agreement with Rio Tinto Exploration Canada Inc. (RTEC) to acquire 100% ownership of the Star – Orion South Diamond Project. As per the agreement, Star Diamond will gain full control and responsibility for the Project and release and indemnify RTEC for liabilities relating to the Project.
Quick answer
Star Diamond is acquiring Rio Tinto, announced March 26, 2024. Star Diamond is based in Saskatoon, Saskatchewan, Canada.
- How much did Star Diamond pay for Rio Tinto?
- The deal value was not disclosed.
- What does Star Diamond do?
- Star Diamond is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties.
- Where are Star Diamond and Rio Tinto based?
- Star Diamond is based in Saskatoon, Saskatchewan, Canada. Rio Tinto is based in London, England, United Kingdom.
- Who are the decision-makers at Star Diamond?
- Fundz holds 3 contacts at Star Diamond. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Rio Tinto?
Rio Tinto was acquired by Star Diamond, based in Saskatoon. The deal was reported on March 26, 2024. Star Diamond is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Star Diamond is privately held and operates in Mining.
When did Star Diamond acquire Rio Tinto?
Star Diamond's acquisition of Rio Tinto was reported on March 26, 2024. Star Diamond Corporation has entered into a binding agreement with Rio Tinto Exploration Canada Inc. (RTEC) to acquire 100% ownership of the Star – Orion South Diamond Project. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rio Tinto do?
Rio Tinto Limited is a leading global mining and metals company, producing materials essential for human progress. The company is committed to sustainable and responsible mining practices. It is publicly traded (RIO), operating in Manufacturing, and is based in London.
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