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
Diamond miner Alrosa plans $15bn autumn share sale
22 may 2013
The miner plans a share sale that could value the business at up to $15 billion and raise hundreds of millions of roubles for its local and national government owners, Darya Korsunskaya says in an article posted on Mineweb.
Zales Bumps Tiffany as Affluents' Jeweler of Choice
22 may 2013
In Unity Marketing's latest analysis, Luxury Report 2013, ultra-affluents are behaving more like the HENRYs (high earnings, not rich yet) as they have reduced purchases on luxury items and even the high-income ultras are trading down to less premium brands, Jeff Miller says in an article posted by Rapaport. One such example the report noted was that affluent consumers chose Zales over Tiffany this year as their jeweler of choice.
Diamond fortunes central to Anglo's future
21 may 2013
According to David Prager, global head of De Beers’ corporate affairs, his company is a significant contributor to Anglo, the Miningmx writes. "It’s interesting that it was only after becoming a larger part of Anglo, that the $2bn committed for the underground expansion of Venetia (in SA’s Limpopo province) was granted,” he says. “Undoubtedly Anglo has demonstrated a belief in diamonds and a willingness to invest.” And invest it must. The departure of BHP Billiton and Rio Tinto from the diamond market is a signal that De Beers and its Russian rival, Alrosa, stand alone as market leaders. There’s also the growing realisation that diamonds are becoming increasingly hard to find.
Another milestone for Botswana diamond industry in the offing
20 may 2013
Botswana’s Okavango Diamond Company is set to convene its pilot sale of rough diamonds next month. The sale, which would be conducted on June 26, was intended to test the company’s systems before it launches full, regular auctions in September.
ALROSA is afoot for IPO and expects stable finances in 2013
17 may 2013
ALROSA is getting ready for an IPO, planning a widest possible public sale of shares, according to Prime, a news agency specialized in business information. If the decision to float 14% of the company will be taken before June 25 this year, the placement will be carried out in October-November, Fyodor Andreev, CEO of the diamond mining giant, told reporters after the meeting with Russian President Vladimir Putin. Andreev also noted that the company's financial performance in 2013 will virtually not change, and the situation will depend on how ALROSA will handle its non-core assets.
