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
Anglo or Sightholders
13 august 2013
De Beers is a different company than it was a year ago when Anglo American bought out the Oppenheimer’s stake in the business, Avi Krawitz writes in an analysis posted on Rapaport. The group’s interim results that were published last week, while offering a mixed review of its performance, signaled that De Beers is intent on boosting its profile within the Anglo structure. They also indicated that the company is well positioned to navigate what is expected to be a challenging second half for the diamond industry.
Rough Prices and Choked Jewelry Sales
12 august 2013
Rough diamond prices remain firm. Miners, namely De Beers and Alrosa, who supply nearly 50 percent of the global output by volume and a similar amount by value, are so far insisting on not lowering their prices, according to Edahn Golan writing on IDEX Online. Traditionally, when a price correction is needed, instead of lowering prices, assortments of rough diamond parcels were improved. This creates a de-facto price reduction. At the upcoming sales weeks by De Beers and Alrosa, assortment improvement may very well take place, but this is a painkiller, not a cure.
Trading Down
09 august 2013
It makes sense that diamond prices should go down when the market declines, according to Avi Krawitz writing on Rapaport. The fact is the diamond industry has been cautious this month due to weakened Chinese and Indian economic sentiment.
Professionalism Italian way
08 august 2013
Italians know how to present and market their goods effectively – this is a talent not everyone has. Italy is among the few countries that have earned consumer confidence, and it can pride itself in it.
Americans Are Spending Less on Diamond Jewelry
07 august 2013
In the past decade, Americans spent less of their income on diamond jewelry, according to Edahn Golan writing on IDEX Online. While nominally, the typical American household is spending more on jewelry in general and on diamond jewelry as a specific category, it represents a smaller percentage of their overall income. The sad truth is that jewelry is losing market share, and diamond jewelry is losing market share at an even quicker pace.
