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.

Today

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...

Yesterday

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. 

Yesterday

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.

Yesterday

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.

Yesterday

How a Diamond Is Like a Champagne Cork

29 december 2012

Scientists have long known that a diamond's trip from deep below Earth's surface must be quick indeed: Lab tests show that at conditions found in the crust, the gems would burn up in a matter of days, if not hours, news.sciencemag.org says citing the Nature Magazine. New experiments reveal the chemical secret behind such rapid ascent. The eruptions of diamonds to Earth's surface may be driven by massive quantities of carbon dioxide fizzing from the molten rock that surrounds the gems.

Many diamonds are embedded in a dense volcanic rock called kimberlite, which gets its name from the town of Kimberley, South Africa, where several of the world's first diamond mines were discovered. It's difficult to explain how relatively heavy, crystal-rich magma becomes buoyant enough to rapidly rise through Earth's crust, so researchers have long suspected that volatile substances dissolved in the rock, such as water and carbon dioxide, play a major role in kimberlite eruptions, says Kelly Russell, a volcanologist at the University of British Columbia in Vancouver, Canada. Nevertheless, scientists have been baffled about how and why these substances begin to froth out of material in the mantle. Pressures there are typically so high that they would keep gases locked in the molten rock, just as pressure keeps carbon dioxide dissolved in a carbonated drink.

New lab tests by Russell and his colleagues provide hints about how the fizz gets started. The experiments show that in molten rock that's rich in carbonates, carbon dioxide is exceptionally soluble. But the researchers found that in molten rock that's rich in silica, carbon dioxide is only between one-fourth and one-third as soluble, regardless of the pressure. In the team's early tests, the researchers used a salt shaker to sprinkle a silica-rich mineral called orthopyroxene onto a puddle of molten, carbonate-rich rock. As the mineral dissolved into the puddle over the course of 20 minutes or so, the carbon dioxide vigorously bubbled out: "It foamed right in front of our eyes," Russell says. "It blew me away."

According to news.sciencemag.org, the researchers reported in the online Nature Magazine that lab tests mimic what goes on in the earliest phase of a kimberlite eruption deep inside Earth. First, a pocket of carbonate-rich molten rock comes into contact with silica-rich minerals somewhere in the upper mantle, where rocks contain between 15% and 27% orthopyroxene. Carbon dioxide fizzes out of the molten material, rendering the dense magma buoyant. As the magma surges upward from the upper mantle at speeds up to 14 kilometers per hour, it pummels its way into overlying rocks that contain even more silica, which accelerates the fizzing even further. At such rates, the frothy kimberlite lava could reach Earth's surface from a depth of up to 120 kilometers in between 3 and 8 hours, Russell estimates.

The chemical reaction that drives the fizzing is largely self-sustaining, Russell says. The heat needed to keep the reaction going comes from the crystallization of other minerals such as olivine, he notes.

"This is an excellent paper that really helps fill in some important parts of the kimberlite puzzle," says James Head III, a planetary geologist at Brown University. For instance, because kimberlites are readily eroded and easily altered by long-term exposure to the elements at or near Earth's surface, clues about the original chemical composition of kimberlites in their molten state are rare.

Also, he adds, the process described by Russell and his colleagues nicely complements a model of kimberlite eruptions that Head and his colleagues set forth early in 2007. In that model, due to dramatic changes in pressure as the kimberlite magma rose, the material became less buoyant and therefore slowed down as it approached Earth's surface. But the new model provides for increasing buoyancy as the eruption continues—a very important factor, Head says, that ensures diamonds survive their trip through the crust to adorn ring fingers and necklines worldwide.