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

Botswana: Diamond Hopes, Diamond Blues

27 august 2013

The village of Maboane pumps 22.3 million liters of water daily - enough to fill nine Olympic-sized swimming pools - but its 2,000 inhabitants rarely taste a drop of it, writes Linda Qiu in an article on www.huffingtonpost.com.

A ‘closer’ look at diamond mining in Zimbabwe

26 august 2013

Did you know that diamond mining in Zimbabwe started more than three decades ago? You are probably not in the know as you are only aware of Marange diamond fields, which had been in the news since 2006. However, diamond mining in Zimbabwe is not only Marange rather there is more to talk about than you often read or hear in the media.

Investing in diamonds? Good luck getting prices

23 august 2013

In an age when the global wealthy are looking for portable, secure stores of wealth, diamonds should shine, writes Robert Frank on www.cnbc.com. After all, diamonds are a scarce commodity. Like vintage cars and fine art, they are stores of value that can also be enjoyed. And as the recent jewel heists in Cannes show, diamonds are easy—perhaps too easy—to transport. But valuing diamonds and the broader "market" for the gems is a virtually impossible task. That makes diamond investing a risky sport best left to insiders and seasoned professionals.

Affluent Consumer Confidence and Economic Outlook Improves

22 august 2013

The most important U.S. consumer group is feeling better about spending, according to the latest consumer confidence data from Unity Marketing, Jeff Miller writes in an article posted by Rapaport. The affluent top 20 percent, which are by far the biggest spenders in the U.S. and account for more than 40 percent of all consumer spending, increased their luxury spending by 15.9 percent in the second quarter compared with the first quarter, according to Unity Marketing's Luxury Consumption Index (LCI).

IDEX Online Rough Diamond Market Report: Moody Market

21 august 2013

The dominant characteristic of the global rough diamond market is not economic, Edahn Golan says on IDEX Online. Nor is it a trend, a marketing issue, or technological. It is an emotional one. Sightholders, rough diamond dealers and many manufacturers remain in a bad mood.