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Case Study - Bunder Project

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Case Study - Bunder Project
09 December 2011
Case study - Bunder project
Speaker: Stefanie Loader, Project Director, Bunder Project
Location: Goa, India
Stefanie Loader, project director, Rio Tinto Exploration
FICCI Conference on Sustainable Mining

Slide 1 - Title
Good morning and Namaste. It is my honour to participate in this conference on Sustainable Mining. I thank FICCI and the Goa Chamber of Commerce and Industry for the invitation to share our experiences in preparing for sustainable mining at Rio Tinto's Bunder diamond project in Madhya Pradesh, for which I am responsible.
I would first like to provide you all with some brief context on Rio Tinto in India, our Bunder project and what sustainable mining means to me. I will then share with you some of the work on the ground that we are doing toward sustainable development in the area which we hope will soon be India's next diamond mine.
Slide 2 - Rio Tinto in India
It may surprise many of you that Rio Tinto has been in India since the 1930s. Today we have offices and activities in several places around the country. We sell many products to India, we buy goods and services from India, and we are exploring opportunities to become a miner and producer of minerals in India. Our most advanced diamond project worldwide is the Bunder diamond project located in the heart of incredible India, near the town of Chhatarpur in Madhya Pradesh.
Slide 3 - Bunder pictures - discovery, resource, processing plant, camp.
The Bunder diamond deposits were discovered in 2004 after only two years of exploration in Bundelkhand. Since then we have established an accommodation campus, complete with recreation facilities, and a medical clinic which has grown to a capacity of 140 beds. We conducted an economic viability study, and in 2008, declared an inferred resource of 27 million carats of diamonds and applied for a mining lease to develop this resource into a mining and beneficiation operation. We have conducted extensive drill sampling of the

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