News
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.
Today
Saudi oil companies to engage in lithium production
The Saudi oilfield services company National Energy Services Reunited has announced that its specialized division, NESR Environmental and Decarbonisation Applications (NEDA), has entered into an agreement with the national oil and gas monopoly Aramco...
Yesterday
India tightens standards for gold
India’s new "Good Delivery Gold" standard system establishes requirements for responsible sourcing and traceability. The Gem and Jewellery Export Promotion Council (GJEPC) has called for the swift adoption and international recognition of these standards...
Yesterday
Orion Minerals secures $40m Glencore financing for Prieska mine development
Orion Minerals has secured $40 million in Tranche A financing from Glencore for its flagship Prieska Copper Zinc Mine in South Africa's Northern Cape, after the funding became unconditional following the execution of final concentrate offtake and intercreditor...
Yesterday
De Beers' Q3 output falls 11%, assumes full ownership of Gahcho Kue
Anglo American has reported an 11% decrease in De Beers’ rough diamond production for the third quarter of 2026, down to 6.8 million carats compared to 7.7 million carats in the same period last year.
Yesterday
Refusals, Strops, Contracts and Conspiracies – A Rough Market Review
(edahngolan.com) - The news broken yesterday that a group of leading Israeli diamond companies took on the Rapaport Price List, posting diamonds on the RapNet trading platform at full prices only, and that a similar step had been taken by a number of Indian diamond companies may be a sign of an impending pivotal shift in the diamond industry, especially taking into account the rejection of 30% of rough goods offered by De Beers to manufacturers at its sight last March. It appears that mid-stream companies started to push both ways to break the impasse they got stranded in for quite a while. If the situation around the Rapaport Price List is yet to be assessed and interpreted, Edahn Golan of Edahn Golan Diamond Research & Data gives his view on what is happening on the rough side of the market in his report below.
