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
OECD: No Plans Now to Issue Precious Stones Due Diligence Guidelines
12 december 2014
(IDEX Online) - OECD Guidelines: A Replacement of the Kimberley Process? was the original name given by the organizers for Panel II at the Second Zimbabwe Diamond Conference that took place in Harare in early November. Though the original name of the panel discussion was changed, at the request of the Organisation for Economic Cooperation and Development (OECD), it didn’t seem to matter much to the officials from Angola, Namibia, DRC, or Zimbabwe who were in attendance. It is believed that such specific OECD Guidelines for precious stones (including diamonds) would add additional human rights elements to the Kimberley Process Certification Scheme (KPCS or KP) beyond its current scope of keeping conflict diamonds out of the industry and, essentially, widen the scope of the KP.
Production Based on Impactites to Be Launched in Novosibirsk
11 december 2014
(nsk.rbc.ru) - “In the nearest time, it is planned to test the exceptional impact diamond-and-lonsdaleite raw material (IDLRM) used for several manufacturing operations,” said Nikolay Pokhilenko, Director of the Institute of Geology and Mineralogy, Siberian Branch of the Russian Academy of Sciences (SB, RAS) to RBK.Novosibirsk.
Another Certificate Movie: “DIRTY DANCING”
10 december 2014
(IDEX Online) - The gradually evolving hysteria surrounding gemological laboratory diamond over-grading, mis-grading, grade definitions and standards reminds me of the movie “Dirty Dancing” from the late 1980s, Chaim Even-Zohar says in an analysis published by IDEX Online. Twenty years ago, ISO commenced work on standard ISO/TR 11211:1995 “Grading Polished Diamonds – Terminology and Classification.” Last year, instead of finalizing the standard, it was abandoned. The standard was jettisoned when the inescapable conclusion was reached that the industry doesn’t really want it. Many labs have their own standards. That’s where the problems start.
The Diamond Decade So Far
09 december 2014
(Rapaport) - This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for diamond dealers and manufacturers struggling to raise liquidity levels and garner respectable profit margins.
Dull Name, Important Task: Generic Marketing Critical to Industry's Future
08 december 2014
(IDEX Online) - How do I sell more diamonds, a diamond trader recently asked me. Why don't we see global promotion of diamond jewelry so that more diamonds are sold? How can diamonds compete with the latest iPhone, cute tablet or round-the-world trip? Does the younger generation, such as those born after 1980, regard diamond jewelry as a must-have item?
