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

Davis leads line as private equity mulls mining

17 july 2013

In a clear signal that Mick Davis is planning to reprise the astronomical rise of Xstrata, he has named his soon-to-be-launched private equity firm, X2, David McKay reports on miningmx.com. And it’s more than just in the name. According to analysts, Davis will probably look to buy unloved assets in the coal sector, most possibly metallurgical coal assets owned by the Anglo-Australian miner, Rio Tinto, which has been making short work of a disposal programme as it strips out its non-core assets.

Nespresso or Dualit

16 july 2013

Sometime ago I waffled on about the success of Nespresso in invigorating the coffee market by its marketing of coffee capsules, writes Charles Wyndham on www.polishedprices.com. Apart from feeding my caffeine addiction, the point was how successful marketing had had such a positive effect on coffee as a commodity.

Angola Takes Diamond industry by Surprise: Aiming For KP Vice Chair in 2014

15 july 2013

Come and join us celebrate 100 years since the first discovery of diamonds in Angola, was the invitation from state-owned diamond firm Endiama, Albert Robinson says in his article posted by IDEX Online. Since the country, though quite a muscular player in the global diamond sphere, is still something of an unknown quantity to most of us involved in the diamond industry, it seemed like a good opportunity to get an understanding of what the country is all about.

Rough Forward Contracts

12 july 2013

The decision by De Beers to introduce forward contract sales through its auction platform is a stunning development in the rough diamond market, writes Avi Krawitz on the Rapaport portal. The announcement comes 11 months since Anglo American became the 85 percent majority owner of De Beers and is the most significant initiative yet introduced by the parent company.

The Secret Ingredient

12 july 2013

What is the one thing that will elevate the diamond industry, that one secret ingredient that when added will transform the diamond industry from one that survives to one that thrives? In discussion after discussion with those that look into the industry from the outside – bankers, government officials, researchers, investors, advisory teams, financiers – all point to the diamond industry’s low level of transparency as a big challenge, Edahn Golan says in his article carried by the IDEX Online.  “Challenge” is a euphemism for “Barrier.” An obstacle preventing money from entering the diamond industry.