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
Who is over the top?
19 december 2014
(PolishedPrices) - I have been following what I will call the EGL affair with amusement from the sidelines. It is all about ‘over grading’, or so it would appear to be. I do not know if EGL labs have been guilty of over grading or not; I do know that I, personally, would never, be it in the past or present, rely on an EGL certificate, but that might say more about me than EGL labs.
Indian sightholders reject De Beers roughs at Gaborone
18 december 2014
(The Times of India) - When Indian diamond companies struck a deal for direct import of $2.1 billion worth of diamonds from Russia's Alrosa mining company at the recent World Diamond Conference (WDC) at New Delhi, the Indian sightholders purchasing from De Beers rejected a fair amount of rough diamonds offered for sale at December sight held at Gabarone in Botswana on December 10.
Rio Tinto bets big on Diavik diamond mine
17 december 2014
(The Globe and Mail) - Canada’s diamond-mining sector looks that much brighter after a big vote of confidence from global mining giant Rio Tinto PLC. The Anglo-Australian diversified miner is investing $350-million (U.S.) in the expansion of the Diavik diamond mine in the Northwest Territories, a decision that is a coup for Diavik because Rio Tinto has slashed its capital-expenditure budget in a slumping commodities market and said it will only invest in high-potential projects.
AWDC has Singapore and Malaysia in its sights
16 december 2014
The representatives of a number of the Antwerp diamond companies took part in the Belgian Trade and Economic Princely Mission in the presence of Princess Astrid of Belgian; the members of the mission visited Singapore and Malaysia in the last ten days of November. The Antwerp World Diamond Centre (AWDС) representing the interests of the Belgian diamantaires held several exclusive business-to-business events during this visit.
During the visit of Vladimir Putin to India ALROSA inked agreements to supply rough diamonds to this country
15 december 2014
The visit of Russian President Vladimir Putin to India, his talks with Prime Minister Narendra Modi, during which ALROSA signed several agreements on the supply of rough diamonds to India, were widely reported in the local media. Here are some publications highlighting these events.
