ICSG sees global refined copper market in surplus through 2027

The Lisbon-based International Copper Study Group (ICSG), an autonomous intergovernmental think tank, has published its 2026 - 2027 global refined copper market report and forecast a widening surplus.

23 october 2026

Canadian Exiro Nickel acquires nickel assets from Vale

The complex comprises two mines and a facility for the production of refined nickel. According to the most recent data—covering the period from the fourth quarter of 2023 through the third quarter of 2024—Thompson Operations produced 10,500 tonnes of...

22 october 2026

DRDGOLD Q3 gold output climbs 10% as revenue reaches over $180m

DRDGOLD's gold production increased by 10% to 42,021 ounces for the quarter ended 30 September 2026, supported by a 15% improvement in yield to 0.212g/t despite a 5% drop in tonnage throughput. 

22 october 2026

Kumba Iron Ore Q3 production falls 19% as sales rise 3%

Kumba Iron Ore's total production decreased by 19% to 7.5 million tonnes (Mt) for the third quarter ended 30 September 2026, down from 9.2 Mt a year earlier.

22 october 2026

Antofagasta Q3 copper output up 7%, annual guidance maintained

Chilean miner Antofagasta has reported that its copper production increased by 7% in the third quarter of 2026 to 151,900 tonnes, compared to 142,000 tonnes in the same period a year earlier.

22 october 2026

Rio's Zim unit forecasts rise in 2010 diamond output

03 november 2010

The Global miner's Zimbabwe unit said diamond production should increase this year from the 124,000 carats produced in 2009 but didn't give an exact figure, www.mineweb.com writes.

Global miner Rio Tinto's Zimbabwe unit expects a rise in diamond output this year from 124,000 carats produced in 2009, its managing director said last Wednesday, but production will be flat in 2011.

The unit, Murowa, is 78 percent owned by Rio Tinto, while RioZim Limited -- a wholly Zimbabwean-owned unit that spun off from Rio Tinto in 2004 -- controls the remainder.

"(There will be an) increase over last year following a small plant upgrade to handle harder ore completed towards the end of 2009," Murowa managing director Neils Kristensen said in an emailed response to questions from Reuters.

He did not give details on how much the company expects output to rise.

Output at the mine was up at 85,939 carats during the first six months of this year, compared with 67,000 carats in the same period in 2009.

Kristensen said there will be "no significant changes" in output in 2011.

Murowa, with a design capacity of 300,000 carats, suffered a $5 million loss during the first half of this year due to lower gem grades and a ban on diamond sales by the government.

Zimbabwe had banned all diamond exports until stones from the government's controversial Marange fields, where it now operates three joint venture mines, were certified by industry regulators.

Certification includes ensuring there have been no human rights violations in the diamond trade.

Kristensen said Murowa resumed diamond exports at the end of August, after the government sold its first batch of certified Marange diamonds.

He said a feasibility study to increase output to 1.8 million carats was still underway.

Kristensen also said the company was still waiting for regulations that would determine the quantity of shares mining firms should transfer to locals under a government empowerment drive.

The government early this year published rules forcing foreign-owned firms, including mines and banks, to cede 51 percent of shares to blacks but has since set up committees to recommend ownership levels for different economic sectors.