Rio Tinto seeks budget approval for Saskatchewan project – Star Diamonds
Junior mining company Star Diamond, which is involved in a legal wrangle with Rio Tinto Canada over a Saskatchewan project, says it has received a notice from the bigger company calling a meeting to seek approval of a proposed budget for the Star-Orion South project.
According to Star Diamond, Rio Tinto Canada indicates that it has set a budget for June 2021 to March 2022 of C$17.8-million and that it will be seeking to add another C$64.4-million of its expenses from 2019 to May 2021 to that budget.