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
With a decade of diamond demand outgrowing supply, Canada’s a target for new sources
25 december 2014
(The Resource Clips) - Miners of other commodities might welcome half of the diamond dilemma. Forecasts see continued market growth for another decade. But production will taper off. That’s the 10-year prognosis from Bain & Company and the Antwerp World Diamond Centre. Meanwhile another report from the NWT and Nunavut Chamber of Mines addresses the need to maintain production in the Northwest Territories, the world’s third-largest source of diamonds by value and home to a busy exploration scene.
Normalizing the Diamond Trade
24 december 2014
(Rapaport) - The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It’s not often that two heads of state attend a diamond sector event and, in doing so, offer such unwavering support for the industry.
Cutting carats adds value to polished diamonds, but at a risk
24 december 2014
(The Resource Clips) - Among the interesting details from a report released this week by Bain & Company is the huge discrepancy between rough and polished diamond production. Miners extracted 130 million carats in 2013. But only 25 million carats went into jewelry. What happened to the rest?
Moscow State Department Store turns 'Jewellery Conscious' prior New Year
23 december 2014
It took little time to go through the main shopping centre in the capital's downtown – the Moscow State Department Store, where exclusive flagship boutiques of global luxury manufacturers are located in the open space marketplace. The most renowned leaders are in Line 1, where every boutique has its emphatic style and its interior signatures. There is movement and buyers’ activity inside the boutiques. Maybe, this is their willingness to buy jewellery fuelled by the upcoming New Year, or maybe, it is their intent to invest in jewellery.
GIA Battling Crimes: Suspends "Duplicate Report" Service to Prevent Fraud
22 december 2014
(IDEX Online) - One month ago, the Gemological Institute of America (GIA) announced the sudden suspension of its diamond sealing services and the issuance of duplicate reports at all locations. Its formal explanation is that “the Institute is taking this action after receiving a sealed diamond for verification that did not match the data label in the sealing packet. GIA, with the assistance of an outside corporate investigation firm, is examining the circumstances surrounding the submission to determine the source of the sealing packet.” The gravity of the “duplicate report fraud,” which this editorial will discuss in more depth, is further underscored by the need for a kind of “product recall” that the GIA is undertaking.
