{"id":18122,"date":"2021-12-10T09:39:30","date_gmt":"2021-12-10T17:39:30","guid":{"rendered":"https:\/\/marketdepth.com\/?p=18122"},"modified":"2021-12-10T09:39:31","modified_gmt":"2021-12-10T17:39:31","slug":"star-diamond-resolves-disputes-with-rio-tinto","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/star-diamond-resolves-disputes-with-rio-tinto\/","title":{"rendered":"Star Diamond Resolves Disputes with Rio Tinto"},"content":{"rendered":"\n<p>Star Diamond Corporation (TSX: DIAM) (OTC: SHGDF) and Rio Tinto yesterday announced the comprehensive resolution of all disputes.\u00a0<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Up premarket<\/h5>\n\n\n\n<p>Shares of Star Diamond Corporation (TSX: DIAM) gained 51% in premarket trading.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-large\"><p>&#8220;This is a major step forward for the Fort \u00e0 la Corne project, Star Diamond and its shareholders.\u00a0 We are very pleased to have reached a constructive resolution with Rio Tinto that puts our differences in the past, fully aligns our interests and allows both of us to singularly focus on jointly and expeditiously moving forward with what Star Diamond believes is one of the most promising Diamond projects in the world.&#8221;<\/p><cite>Ewan Mason, Chair of the Board of Star Diamond<\/cite><\/blockquote>\n\n\n\n<p>Star Diamond and RTEC have agreed to end the litigation that has been ongoing between them and to release each other for prior events, <a href=\"https:\/\/www.newswire.ca\/news-releases\/star-diamond-corporation-and-rio-tinto-announce-comprehensive-resolution-of-all-disputes-and-revised-joint-venture-arrangements-898636406.html\">according <\/a>to the press release. Additionally, the two companies have agreed to revised joint venture arrangements, in an effort to advance the development of a diamond mining operation on the Fort \u00e0 la Corne property in Saskatchewan, Canada.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-large\"><p>&#8220;These new arrangements and our alignment with Star Diamond represent a major milestone in the continued development of the Fort \u00e0 la Corne property.\u201d\u00a0<\/p><cite>Rio Tinto Head of Exploration, Dave Andrews<\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"Star Diamond Corporation (TSX: DIAM) (OTC: SHGDF) and Rio Tinto yesterday announced the comprehensive resolution of all disputes.\u00a0 Up premarket Shares of Star Diamond Corporation (TSX: DIAM) gained 51% in premarket trading. &#8220;This is a major step forward for the Fort \u00e0 la Corne project, Star Diamond and its shareholders.\u00a0 We are very pleased to&#8230; <a class=\"view-article\" href=\"https:\/\/marketdepth.com\/star-diamond-resolves-disputes-with-rio-tinto\/\">View Article<\/a>","protected":false},"author":3,"featured_media":18123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,11,6,16],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Star Diamond Resolves Disputes with Rio Tinto - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/star-diamond-resolves-disputes-with-rio-tinto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Star Diamond Resolves Disputes with Rio Tinto - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Star Diamond Corporation (TSX: DIAM) (OTC: SHGDF) and Rio Tinto yesterday announced the comprehensive resolution of all disputes.\u00a0 Up premarket Shares of Star Diamond Corporation (TSX: DIAM) gained 51% in premarket trading. &#8220;This is a major step forward for the Fort \u00e0 la Corne project, Star Diamond and its shareholders.\u00a0 We are very pleased to... 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