News
ICSG sees global refined copper market in surplus through 2027
The Lisbon-based International Copper Study Group (ICSG), an autonomous intergovernmental think tank, has published its 2026 - 2027 global refined copper market report and forecast a widening surplus.
Today
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...
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
Tempers flare as villagers attack diamond miners
27 december 2013
(The Standard) - Tempers flared last month during a meeting of representatives of a new workers union for diamond workers and hundreds of villagers allegedly fired by Chiadzwa-based diamond mining companies. The villagers alleged that over 1 000 of them had their contracts terminated soon after the July 31 elections for unexplained reasons by three of the diamond mining companies in Chiadzwa namely Mbada, Marange Resources and Anjin.
'BoB is cautious in lending to diamond companies'
26 december 2013
(The Times of India) - Bank of Baroda chairman and managing director SS Mundra said his bank was cautious in lending to diamond companies, including sightholders (registered bulk buyers) of global mining companies like De Beers, Alrosa and Rio Tinto because of increasing number of default cases in Surat, Mumbai and Antwerp.
Miners Should Launch a Gold Cartel or Risk Losing Everything, Advises Stephan Bogner
25 december 2013
(The Gold Report) - It's no surprise that Stephan Bogner, analyst with Rockstone Research Ltd. and CEO of Elementum International - a precious metals trading and storage firm - advises investors to hold physical metals outside the banking system, but he also advocates mining companies keeping gold on their balance sheets and forming a cartel. In this interview with The Gold Report, Bogner discusses which exploration and development companies will be ready to produce when metals prices rise and shares his interest in the diamond, potash and uranium space.
Legitimizing Marange
24 december 2013
(Rapaport) - Zimbabwe’s diamond industry has come a long way in its quest for legitimacy. And it still has a long way to go to gain the full support of the global industry. Significantly, diamonds from the country’s Marange fields remain banned in the U.S. – potentially its largest market – while they are now legal in most other places.
The United Arab Emirates as the Most Dynamic Global Diamond Trading Hub
24 december 2013
Nowadays, the United Arab Emirates (UAE) is the world’s largest rough and polished diamonds trading hub, with the trade carried out via the Dubai Diamond Exchange (DDE). The Dubai Diamond Exchange is located in the Almas Tower where the offices of diamond companies like Damas, Dhamani Jewels, Rosy Blue, Dimexon and Diarough are housed, as well as the offices of international crediting establishments like ABN Amro, Antwerp Diamond Bank, etc. providing financing to diamond companies. Besides, there are facilities to clean and cut diamonds, and where storage services for polished diamonds and gold are provided.
