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
Diamond Mining Mergers
18 february 2014
(Rapaport) - The diamond mining sector tends to go through waves of acquisitions. The last round saw Dominion Diamond Corporation and Petra Diamonds emerge as high-volume producers as they snapped up mines that were for sale at BHP Billiton and De Beers respectively. It might make sense that the next round would see mergers between smaller mid-tier companies.
Certified Delays
17 february 2014
(Rapaport) - Diamond manufacturers are frustrated by the long turnaround time of goods being sent to the Gemological Institute of America (GIA) for certification. The recent delays have stemmed from a steady rise in demand for certificates as the GIA’s intake has increased sharply in the past year, which has led to a buildup of inventory at its laboratories.
Pruning of diamond miners welcome
14 february 2014
(Nehanda Radio) - The state media reported recently that Harare is currently auditing the seven companies as a first step to rationalising operations.
Changing Places: The Shifting Producer Power Play (Mid-size Manufacturers Step Up as De Beers Stands Back)
13 february 2014
(IDEX Magazine) - As recently as 15-20 years ago, De Beers alone accounted for 80-90 percent of global output. But, as the number of diamond-producing firms has grown in the past decade, so too a growing number of small- and medium-sized diamond producers have developed with the investment capacity to develop mostly already existing mines.
Changing Places: The Shifting Producer Power Play (Why Timing is Everything in Business)
12 february 2014
(IDEX Magazine) - Just over five years ago, when the global financial crisis hit, and during 2009 when the worldwide recession caused a slump in demand for diamonds, Russian diamond miner Alrosa was faced with a stark choice: It could either sell the diamonds that it was continuing to mine at full capacity to the market for prices that had fallen by 40 percent or more, or it could sell its goods to Russia’s state minerals repository, the Gokhran, until the situation turned around. With the Russian Finance Ministry providing the financing, the choice was something of a no-brainer.
