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Diamonds not Rio, BHP's best friend

ANALYSTS at GoldmanSachsJBWere have questioned the wisdom of major miners Rio Tinto and BHP Billiton continuing to include low-return commodities such as diamonds and industrial minerals in their portfolios - and the tipsters have also suggested Rio Tinto should sell its non-iron ore, copper and aluminium assets.

MiningNews.Net
Diamonds not Rio, BHP's best friend

In a research report the bank said that despite Rio's robust outlook, it should sell all of its assets outside of iron ore, copper and aluminium after the Alcan acquisition. These three business account...

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