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
Severalmaz will provide 10% of total output generated by ALROSA starting from 2019
02 december 2013
The Arkhangelsk Region is the second most important diamond province after Yakutia in Russia accounting for 23% of total diamond reserves possessed by the Russian Federation. In the 1980s, six kimberlite pipes located within an area of 9.5 kilometers were discovered in the Primorsky District of the Arkhangelsk Region. Their in-place reserves totaled 355 million tonnes of ore and 200 million carats of diamonds. The aggregate value of diamonds they contain is estimated at $ 13.4 billion.
Gemfields says Mozambique ruby deposit safe but for how long?
29 november 2013
Gemfields recently said that ruby deposits at its 75 percent-owned Montepuez project in Mozambique are not affected by fighting in central Sofala province between government forces and the opposition group known as Renamo (an acronym in Portuguese for the Mozambique National Resistance). Such confidence in the future of the company’s operations in Mozambique, following the rising tension, was meant to quell growing fears from investors.
Alrosa Geologists to Start Work on Botswana Diamonds in Orapa in January
28 november 2013
(IDEX Online News) - Botswana Diamonds plans to begin the first stage of its joint venture with Russia's Alrosa in January, with geologists from the Russian diamond monopoly starting fieldwork on the PL117 license area in Orapa, Botswana. The objective of the initial fieldwork, Botswana Diamonds chairperson John Teeling said the aim was to find the optimal drill targets, with a drilling program due to take place in March and April.
Corporate Diamantaires
27 november 2013
(Rapaport) - The mid-stream diamond industry has been given a wake-up call this year by the corporatization of supply. Suddenly, the majority of rough production is being controlled by public companies following ALROSA’s October share placement and Anglo American’s 2012 buyout of De Beers. And just as suddenly, manufacturers are forced to buy according to a different dynamic – much to their dismay.
Crumbs of Heresy
26 november 2013
(PolishedPrices) - The second full tender by Okavango Diamond Company in Gaborone has presumably come to an end, Charles Wyndham says in his articles posted on PolishedPrices. I would hope that they review their decision not to publish the results and also if they do decide to publish, do so in as open a way, as they did when they announced the results of their trial tender. However be that as it may, now that there have been two tenders, I have asked around a bit as to the reaction to the tenders.
