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
Marange diamonds: a case of dashed hopes?
08 july 2014
Whatever the case, one issue that most Zimbabweans can agree on, for now, was that diamonds had been a huge disappointment.
Dubai Under Fire
07 july 2014
(JCK) - In the past decade, the growth of Dubai as a diamond center has been phenomenal—more than $40 billion in diamonds are now traded in the most populated city in the United Arab Emirates, up from $5 billion less than a decade ago. But in the last month, the desert city known for its 90-degree temperatures has faced a different kind of heat over just how laissez-faire its oversight is.
Fyodor Andreev, President of ALROSA: Plans, Prices and Risks of Diamond Mining
04 july 2014
(RBC-TV) - The world's largest diamond producer, ALROSA, has put into operation the Udachny Mine. Its nameplate capacity is 4 million tonnes of ore per year. It is the largest underground mine in Russia. ALROSA expects that this asset will increase the company’s output by more than five million carats per year. Fyodor Andreev, President of ALROSA, told the RBC-TV Channel about the plans, prices and risks associated with diamond mining.
Lucapa's Lulo Mine To Start Operating In Two Years
04 july 2014
(IDEX Online) – Lucapa Diamond Co. plans to start an Angolan mine in about two years that may surpass the country’s biggest diamond producer, Catoca, in price per carat. The Lulo deposit about 700 kilometers (435 miles) east of Luanda, the capital, could be even more valuable than Catoca, the world’s fourth-largest kimberlite mine, judging by four stones that were sold for an average price of $6,533 per carat, said Lucapa Managing Director Miles Kennedy. That compares with about $100 per carat for Catoca diamonds.
‘No Major New Mines’ Answers the Wrong Question
03 july 2014
(IDEX Online) - Considering that it takes about 10 years between finding a diamond resource and the start of commercial mining, logic dictates that the expectation that a major mine will reinvigorate diamond supply anytime in the next decade is next to nil. However, herein lies the mistake. A major resource can come on stream much sooner than that and ensure steady supply for many years to come – and not because of a surprise find with a speedy ramp-up to production.
