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
Forevermark was not the only growth story last year – De Beers
22 january 2015
De Beers’ sightholders met in Botswana’s capital, Gaborone last Tuesday for an annual cocktail of the diamond buyers. The buyers had time to listen to the diamond group chief executive Philippe Mellier who said that while it was too early to provide a definitive analysis, initial indications were that Forevermark was not the only growth story last year.
Is fashion jewellery growth a threat to Indian domestic jewellery market?
21 january 2015
Turns out it is, as fashion makes a bigger splash with the umpteen numbers of choices it offers - in terms of design, colour, metals, etc., besides price factor. The market size for costume jewellery is currently estimated to be at Rs 12,000 crore, of which online contributes about Rs 1000 crore. This market has immense potential and is estimated to grow to Rs 14,000 crore by 2015.
Year-End Reflections: The 95-Year Struggle to Secure Rough For Beneficiation
20 january 2015
(IDEX Online) - “In the Union House of Assembly on June 4th, the Acting Prime Minister (Mr. Malan), replying in the debate on the Bill empowering the establishment of a diamond cutting industry in South Africa, emphasized the point that the Bill laid down that the cutter should pay the open market price for diamonds, and that the producer should not be in a worse position by selling to the local cutter than elsewhere. Mr. Malan believed that after the industry had been started a market in rough diamonds would be evolved in South Africa. There was no reason, he declared, why there should not be a Hatton Garden in South Africa.”
Rough Price Correction
19 january 2015
(Rapaport) - Rough diamond prices are expected to soften in January with a high level of refusals anticipated at next week’s De Beers and ALROSA sales. In fact, analysts expect rough prices to decline throughout 2015 after the mining sector enjoyed a bumper year in 2014 – despite the fragile polished market.
De Beers CEO: We Take New Reports of Undisclosed Synthetics “Very Seriously”
16 january 2015
(JCK) - De Beers CEO Philippe Mellier spoke to me today after making an appearance at the Forevermark cocktail party on Jan. 7, writes Rob Bates, News Director. Our talk concerned mostly recent events in the diamond industry, including new talk of undisclosed lab-grown diamonds in the natural pipeline in India, issues with grading labs, holiday sales, and what he says to all those complaining clients who claim they can’t make money.
