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
Industry waits to see if diamonds have lost their sales shine
26 march 2015
(Financial Times) - This month, the diamond industry takes stock after one of its most intense sales periods. The Chinese new year festivities are now part of one of the busiest sales seasons for polished stones, three gift-giving months that also encompass Christmas and St Valentine’s day. Full sales reports are still to come in, but caution is in the air. The industry is waiting to see if polished sales will give the rough diamond market enough impetus to correct recent weakness in the “pipeline” from mine to store.
Dominion/Rio increase Diavik diamond reserves but predict falling production
25 march 2015
(Resource Clips) - Joint venture partners Rio Tinto NYE:RIO and Dominion Diamond TSX:DDC have boosted Diavik’s reserves by more than 12%, the latter company announced March 6. Four pipes plus a stockpile at the Northwest Territories mine now hold 53.3 million carats of diamonds, compared to 46.8 million carats at the end of 2013.
Global Markets Heading in Different Directions
24 march 2015
(www.wfdb.com) - The global diamond and jewelry markets around the world are showing interesting differences when broken down into their various parts. While the European market is still slow, and China is striving to catch up with sales levels seen until about a year or two ago, the United States is becoming increasingly robust after a six-year slowdown.
De Beers: Global diamond jewellery demand reaches $81bn
23 march 2015
De Beers said the global demand for diamond jewellery leaped 3 percent last year, rising to a new $81 billion high. The group’s industry insight data published Friday showed that there was positive growth in consumer demand for diamond jewellery in local currency terms in 2014 across all the top five diamond markets, which between them account for about 75 per cent of global demand.
Apple Treated Its High-End Watch Like a Gold-Headed Stepchild
20 march 2015
(www.jckonline.com) - Considering it’s such a radical change of pace for Apple, and that it’s received the lion’s share of the press attention, Apple didn’t talk all that much about the 18k high-end watch during its March 9 watch unveiling.
