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
Japanese Yen and Diamond Dollars
18 april 2013
Japan’s new government, elected this past December, seems intent on depreciating its currency as a means to stimulate the economy, Avi Krawitz writes in an analysis posted by Rapaport. A weak yen has mixed implications for the diamond and jewelry trade.
An Offshore Account Tutorial, Anyone?
17 april 2013
It is simple for John Q. Citizen of New York City to place money in an offshore account. Just how easy is it for him – and you – to open such an account? According to Edahn Golan of IDEX Online, it requires establishing a company (or buying one off the shelf), nominating a director who has power of attorney, opening a bank account for the company and transferring money into it. Demand for offshore accounts is so high that a whole industry of lawyers, banks, accountants and other service providers exists to make the process as simple, easy, low cost and straightforward as possible.
U.S. Jewelry Store Sales +4%, Department Store Revenue Declines
16 april 2013
U.S. jewelry store sales rose 3.8 percent year on year in February to $2.756 billion, which was a new high for the month, according to government calculations, Jeff Miller says in a review posted by Rapaport. In addition, the consumer price inflation (CPI) for jewelry fell 3 percent in February. However, the sales increase was much lower than what was calculated for the month of January.
BDB Radically Alters Diamond Sourcing for Retailers
15 april 2013
The Bharat Diamond Bourse (BDB) in Mumbai’s suburban Bandra-Kurla complex is now beginning to alter the way diamonds are sourced by Indian jewelry retailers, according to IDEX Online. Major changes have already taken place.
One thing that Zambia has in common with Russia’s GOKHRAN
12 april 2013
There is one thing that the Zambian government has in common with the Russian precious metals and gems repository, GOKHRAN. They are both concerned with where gems mined in their countries are sold.
