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
Retailers Must Be Willing to Foot the Bill
24 april 2013
The reoccurring debates of the past few years over the evolution of the Kimberley Process (KP) have tended to revolve around a limited number of points, and have somehow always resulted in stagnation, Edahn Golan says on IDEX Online. Mistakenly, many view this debate as one about ethics. It's not, this is a debate about cost.
Gold and Diamond Risk
23 april 2013
The recent slump in gold prices has not impacted the diamond market, according to Avi Krawitz writing on the Rapaport portal. Having enjoyed a stable and positive first quarter, diamond trading was steady this week while gold markets were in panic. However, the dramatic selloff does offer a stern warning for the trade not to be complacent in the current economic climate.
Interros was made precious offer
22 april 2013
The Russian authorities ask Interros run by Vladimir Potanin to become one of the anchor investors when ALROSA will float 14% of its stock, the Kommersant Daily says. The diamond miner’s block of shares to be offered for sale is estimated at RUB 24-48 billion. According to the Kommersant’s sources, officials fear that ALROSA’s capital may be joined by its foreign competitors, although the latter deny any interest in the securities. Analysts differ in assessing the attractiveness of ALROSA’s stock, noting that the state in any case will need a guaranteed loyal investor.
Hand of Cutifani in early Anglo conservatism
22 april 2013
April 2 may have been Mark Cutifani’s first day as the CEO of Anglo American, but it’s likely he was exercising his management judgement over the UK-listed group some weeks before, the Miningmx says. The extension of the consultation period between Anglo American Platinum (Amplats), unions, and the South African government regarding restructuring of the platinum unit sounds like something Cutifani would sanction given his penchant for ‘conversations’ with stakeholders, especially the combustible South African government.
Saurashtra diamond industry hit hard by drought
19 april 2013
Diamond industry in the draught-hit Saurashtra region of Gujarat is facing a critical condition, according to a report published by the Business Standard in India. The labour-intensive diamond cutting and polishing industry in this region is faced with severe drinking water shortage for the comparatively large employee base of the units.
