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 Watches' Lavish Turn

04 october 2013

According to Alice Pfeiffer writing in an article published by the New York Times, chroniclers record that in 1572, Robert Dudley, first Earl of Leicester, gave Queen Elizabeth I of England a pendant timepiece “fullie garnished with diamonds, and an appendant of diamonds hanging thereat.” The earl, the queen’s favorite, may not have told Her Majesty that diamonds were a girl’s best friend, but his gift started a fashion for ladies’ diamond watches which, four and a half centuries later, shows no sign of receding.

IPO Run by ALROSA Gives Opportunity to Diamond Miner, Federal Government and Yakutia to Earn

03 october 2013

ALROSA, the world's largest diamond producer, has announced the imminent placement of 16% of its shares on the stock exchange, Kirill Yakovenko writes in a commentary published by the Izvestia Daily. Apart from the expected sale of a 14-percent stake owned by the Federal Government and the Republic of Sakha (Yakutia) in equal proportions, another 2% of shares will be placed by ALROSA through its subsidiary, Wargan Holdings Limited. Based on current prices, the sale of 16% will allow the owners to earn a total of about RUB 45 billion.

Indian buyers are expected to move towards purchasing diamond jewellery

03 october 2013

The diamond industry on the whole is reeling under the effect of the high rough diamond prices and the weak rupee. But the industry is taking all steps to control the situation. Suggestions for cutting down or stopping rough imports for a few months are being aired by one and all, while the industry members also wait for the sliding Rupee to revive once again.

Amsterdam and the Culture of Diamonds

02 october 2013

The history of diamonds in the Netherlands has been often portrayed as a story of decline. It is the story of the largest diamond centre of the world, Amsterdam, that in just over one-hundred years has shrunk to the level of a marginal player. While this story is undoubtedly true, it is not all of the truth. There is something more to say about the relationship between Amsterdam and diamonds, something that goes beyond mere sales figures.

Diamond lure has Alrosa renewing state sales

01 october 2013

Alrosa plans to sell shares in Moscow in the first Russian state asset offering since May on bets demand for diamonds will be resilient to a slowdown in China, Ksenia Galouchko (Bloomberg) writes in an article posted on Mineweb.