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
Diamond price weakness 'short-lived'
05 february 2015
(miningmx.com) – A dramatic slide in the price for diamonds akin to the liquidations in copper, oil and iron ore was unlikely, said analysts who rated De Beers a defensive business for Anglo American while weakness in the shares of Petra Diamonds and GEM Diamonds represented buying opportunities.
Rough Report: Goods Remain on the Table at Alrosa and DTC Sights
04 february 2015
(IDEX Online News) – The Alrosa Sight marked the beginning of the new contract period and included several new Sightholders. The boxes were divided into smaller parcels than before. According to some traders, the Alrosa assortments were marginally better, although many parcels were more expensive, especially in the better goods. However, the situation in the market is such that some buyers opted to reject goods and about 30 percent was left on the table. It’s hard to believe, however, that the new Sightholders turned any goods down.
[Exclusive] Diamond mixing has never taken place: Surat Diamond Association
03 february 2015
(The Better Diamond Initiative) - In absence of any names, dearth of any info and lack of any legal action, it is highly unlikely that diamond mixing has ever taken place, as confirmed by SDA. India’s two leading diamond industry associations – GJEPC and SDA have said that mixing stories are only rumors. BDI brings you the truth behind the farce of ‘diamond mixing.’
ALROSA still global leader in absolute earnings before interest, taxes
02 february 2015
Bain & Company released its fourth annual report on the global diamond industry last December in conjunction with the Antwerp World Diamond Centre (AWDC), which noted that ALROSA was still the leader in absolute earnings before interest and taxes (EBIT), followed by De Beers.
Diamond Mining in India: Rio Tinto's Bunder Project
30 january 2015
Though history claims that the diamonds were first produced, traded, and used as jewels in India thousands of years ago, no new mining projects that mined or commercially produced diamonds ever happened in modern times. India has always depended on sourcing rough diamonds from overseas producers for its diamond and jewellery manufacturing sector. Here, we feature a few mining Projects that ‘started and got stalled’ as well as new projects that have the potential to take shape ... someday.
