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
Diamond Investors
18 november 2013
(Rapaport) - For investors looking for exposure to the diamond market, 2013 has not lived up to expectations. In fact, while U.S. stocks have rallied this year, pure-play diamond companies have struggled along. If the rise of the Dow Jones Industrial Average and S&P 500 Index reflect confidence in the U.S. economic recovery, the sub-par performance of diamond mining sector echoes the caution in the diamond market.
Zim losing out on diamond polishing, cutting
15 november 2013
Over $125 million of the Chiadzwa diamonds value additional income is being lost annually to India’s Surat diamond cutters and polishers alone, national president of the Zimbabwe National Chamber of Commerce, Mr Hlanganiso Matangaidze, has said. He was cited by Ngoni Dapira in an article posted by www.manicapost.com. Mr Matangaidze said that was what the 60 000 jobs in India’s Surat translate to, while as a whole India’s diamond cutting and polishing industry has created over one million jobs.
Anglo top brass give De Beers Venetia diamond mine a new mid-century horizon
14 november 2013
(Mining Weekly) - Anglo American plc chairperson Sir John Parker was shoulder to shoulder with South African President Jacob Zuma last week, digging the first spadeloads of a R20-billion ($2-billion) diamond investment at the Venetia diamond mine, in Limpopo province.
PGMs are still far away from reality
13 november 2013
The fundamental scarcity of platinum-group metals is still not enough to have an impact on prices. Even the fact that platinoids this year look more confident than gold and other metals is explained by the accumulated underestimation of platinum and palladium.
Diamonds, burden for pocket
12 november 2013
ZAO Uralalmaz is on the verge of shutting down, the Kommersant Daily reported. The company’s owner, Israeli diamantaire Lev Leviev allegedly refused to bankrupt this business. The situation may be saved if the company will win the auction for the right to extract diamonds in the Silurian area, where resources are estimated at 500,000 carats. However, even if Uralalmaz will manage to do this, it will be able to start commercial diamond mining at least in three years, the time needed for exploration.
