News
Canadian Exiro Nickel acquires nickel assets from Vale
The complex comprises two mines and a facility for the production of refined nickel. According to the most recent data—covering the period from the fourth quarter of 2023 through the third quarter of 2024—Thompson Operations produced 10,500 tonnes of...
Today
DRDGOLD Q3 gold output climbs 10% as revenue reaches over $180m
DRDGOLD's gold production increased by 10% to 42,021 ounces for the quarter ended 30 September 2026, supported by a 15% improvement in yield to 0.212g/t despite a 5% drop in tonnage throughput.
Today
Kumba Iron Ore Q3 production falls 19% as sales rise 3%
Kumba Iron Ore's total production decreased by 19% to 7.5 million tonnes (Mt) for the third quarter ended 30 September 2026, down from 9.2 Mt a year earlier.
Today
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
Why Retailers Should Care About What’s Happening Upstream
19 august 2014
(IDEX Online) - This column often discusses issues that are very “upstream.” Upstream is the term describing the initial part of the jewelry pipeline – mining, manufacturing and their related issues. Some feel that upstream topics are not relevant to the downstream, meaning retailers. That because they are facing very different issues, upstream subjects are not important to them and they can’t relate. Dear retailer, how wrong that is!
Excess Diamond Inventory
18 august 2014
(Rapaport) - By many accounts, there is a large volume of polished diamonds stuck in the middle of the pipeline. The dichotomy appears to be that the most profitable mining and retail sectors are keeping low inventory levels while diamonds are being absorbed by the manufacturers who garner the tightest profit margins.
The Day that Forever Shaped the Diamond World
15 august 2014
(IDEX Online) - On July 30, 1914, 100 years ago, in smoked-filled boardrooms and government offices, two entirely different sets of negotiations were taking place: one was to prevent the eruption of World War I, and the other was to prevent the threatening collapse of the diamond world. The first one is well-documented; the latter is more complicated, and I have often wondered whether the governments of the diamond producers at that time ever realized the enormity of the impact of their actions from these discussions.
Caffeine and Macaroons
14 august 2014
(PolishedPrices) - There is a part of France that I have pottering around from time to time for a few decades, including the last couple of years. Reading and hearing about all the doom and gloom in France, it was a pleasant surprise to encounter a bit of local hustle bustle, just enough change without the risk of upsetting the status quo. This is rather my view about the announcement by De Beers about the criteria for its new supplier contracts to run from 2015 to 2018.
Will Serious Roadblocks Prevent Much-Needed Reform In India
13 august 2014
(IDEX Online) - Is the Indian economy about to take a great leap forward under the leadership of the newly elected Prime Minister Narendra Modi? His overwhelming victory as head of the Bharatiya Janata Party in May's general election was widely hailed by the business sector, including many of the country's diamantaires, as he is recognized as having a business-friendly approach.His campaign promise to cut red tape and move ahead with bold economic reforms was particularly welcomed in a country known for often snail-like progress on socio-political issues.
