Harry Winston, which recently sold its jewellery buisiness to Swatch for $750m, has said that the sale has provided the firm with enough credit to facilitate a transaction, reported Bloomberg Businessweek.
Commenting on the developments, Harry Winston chief executive officer Robert A. Gannicott was quoted by Bloomberg Businessweek as saying that the firm is exploring other opportunities.
"We are aware that Rio Tinto wants to sell its 60 percent interest in the Diavik mine where we already own the 40 percent, that’s an obvious one for us to look at as long as the price is right," added Gannicott.
In November 2012, Harry Winston agreed to buy BHP Billiton’s Ekati mine in Canada and its marketing operations for the stones for $500m.