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
The Second Annual Russian Jewellery Market Conference
29 october 2014
Last week, the second annual edition of the Russian Jewellery Market Conference was held in the Congress Centre of the Chamber of Commerce and Industry of Russia (CCI) in Ilyinka Street. The event was sponsored by the Russian Jewelers Guild and Chamber of Commerce and Industry of the Russian Federation.
Diamond conference offers soul-searching opportunity
28 october 2014
(The Zimbabwe Independent) - Reports say Zimbabwe’s Marange diamonds have potential to make the country the third largest diamond producer by 2020 and potentially supply 25% of global demand, earning the economy up to US$2 billion annually. This is despite indications Marange diamond fields have been exhausted in terms of alluvial deposits and can only be sustained through kimberlite exploration and mining. The upcoming 2014 Zimbabwe Diamond Conference, to be held between November 6 and 7 in Harare, is seen as a grand opportunity for frank dialogue on challenges affecting the diamond industry with a view to devise pragmatic solutions that are quickly implemented.
Anglo Needs More Than Diamonds to Sparkle
27 october 2014
(The Wall Street Journal) - Anglo American has a diamond in the rough. But it might not get credit for it until investors know just how rough the rest of the miner’s businesses will get. De Beers, the world’s largest diamond miner by value, is becoming more important to Anglo. The business generated more than one-third of Anglo’s underlying earnings in the first half, its biggest contributor. With a return on capital employed of 13%, up from 8% the previous year, De Beers’s performance is edging close to Chief Executive Mark Cutifani’s 15% target for Anglo for 2016. But Anglo’s sparklers don’t appear to dazzle investors.
Government will oblige jewelers to mark synthetic diamonds
24 october 2014
(Rbc.ru) – Russia’s Ministry of Finance and ALROSA have developed amendments to the legislation on precious stones that will oblige local jewelers to mark their goods having synthetic diamonds and sell them separately.
NRF Predicts Consumer Spending to Increase 4% for Christmas Season
24 october 2014
(Rapaport) - The National Retail Federation (NRF) predicts that U.S. Christmas-season retail sales will increase 4.1 percent year on year to approximately $619.9 million for the months of November and December 2014. The projected increase is higher than actual increases for the holiday seasons in 2012 and 2013, but lower than the 4.8 percent rise in 2011. Online retail sales growth is expected to be in the 8 percent to 11 percent range, according to the NRF.
