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
Kristall of Smolensk: Positive Mood and Risks of Diamond Cutting Industry
13 june 2013
The traditional positive mood in the diamond market in the first quarter of 2013 has not yet changed to invite a price adjustment, but the latter has all the preconditions to happen, Nikolai Afanasyev, Deputy General Manager of Smolensk-based Kristall, believes. Despite the fact that polished prices have finally outstripped rough prices, the difference is not yet able to offset manufacturing costs and diamond cutters could not or did not have time to take full advantage of the 5-percent rise in prices since the beginning of the year.
The (Still) Highly Important U.S. Market
11 june 2013
By most accounts, this week’s Las Vegas jewelry shows were positive even if diamond trading was not especially vibrant, says Avi Krawitz in an analysis posted by Rapaport. That U.S. retail jewelers have gained confidence on the back of better economic news was enough to lift the mood. With China at an economic crossroads, and India hedging its volatile currency, the mature U.S. market currently offers the best environment for selling diamonds and jewelry.
ALROSA, a brilliant idea to invest
10 june 2013
During the past months ALROSA’s shares were traded around the level of RUB 31.3 per share within a rather wide range, Pavel Emelyantsev says on the Investcafe portal. In the analyst’s opinion, this level gives a pretty good potential with respect to the announced price range in the course of the company’s autumn equity placement.
Market Report May 2013
07 june 2013
The month of May is the time for the annual summer holiday in the diamond cutting and polishing industry. Summer holidays that were to begin by 20th May saw many workers spend extra hours at the units, eager to make that extra money to take home to their families. Rough shortage, the bane of the diamond industry, has affected the industry adversely, wiping the smile from the average diamantaire.
Possible IPO of ALROSA may turn out to be either a skinny or fat "pig in a poke"
06 june 2013
The highly anticipated sale of a part of the state-owned stake in ALROSA may finally be held this year, if the decision will be made until June 25, Denis Kozhevnikov says on 1prime.ru. But the question remains whether the company is guaranteed to be an attractive investment or will turn into a "pig in a poke," especially taking into account a weak market or time factor.
