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
What Does Diamond Recycling Mean for Investors?
05 december 2014
(Diamond Investing News) - Recycling is a topic that doesn’t often come up in the diamond industry. After all, diamonds are supposed to be forever. However, it’s becoming increasingly crucial for those interested in the gems to be aware of how recycling affects supply and demand.
Diamond Cycles
04 december 2014
(Rapaport) - The diamond trade looks to Christmas and the Chinese New Year for an indication of what’s to come. After all, a good retail season should spur retailers to replenish inventory in the months thereafter. As one diamond manufacturer, who also has a jewelry wholesale business and a small foot in retail, told Rapaport News, “No jeweler ever wants to have an empty showcase, so they buy in anticipation of what they’ll need in four to six months.”
Is That Rock for Real?
03 december 2014
(The New York Times) - As president and chief executive of Pure Grown Diamonds, a distributor and jewelry manufacturer specializing in artificial diamonds, Ms. Bissell has a clear interest in nurturing the lab-grown diamond business. Pure Grown sells synthetic diamonds that are white, pink, yellow and champagne-colored and come from a few global producers, including IIa Technologies, which is based in Singapore. These stones are optically, chemically and physically identical to natural, mined diamonds, but they suffer from a longstanding image problem.
Grib Diamonds for Grabs
02 december 2014
(Rapaport) - The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the first auction sale that took place in September should be viewed by the diamond industry with some interest. Significantly, production is being sold in Antwerp via spot auctions by Grib Diamonds – set up as a Belgium subsidiary of Lukoil – which may provide a benchmark for rough prices in much the same way that BHP Billiton’s auctions did when it was still in the market.
Cutifani: What diamond-rich Botswana needs to boost economic growth
01 december 2014
Anglo American chief executive and De Beers group chairperson Mark Cutifani, recently made a keynote address at the Botswana Confederation of Commerce Industry and Manpower (BOCCIM)’s 13th national business conference held in the capital, Gaborone. He said the key question was how should Botswana best leverage its enviable strengths to continue the growth trajectory established in the half-century since independence. In his attempt to answer this question, Cutifani suggested three “key ingredients” that he thought would help drive the depth and breadth of the country’s primary growth path.
