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
Trade Report
11 april 2013
High rough prices continue to put pressure on polished prices and manufacturers’ profit margins, Avi Krawitz says in an analysis posted by the Rapaport Magazine. While the recent polished price increases helped improve cutters’ margins, they remain under pressure from the prevailing higher rough prices. Cutters argue that their polished is constantly one step behind the rough market, which has witnessed an uptick in activity in 2013.
Gokhran puts diamonds on ice
10 april 2013
The plans cherished by ALROSA to sell premium polished diamonds at Sotheby's are under threat, Elena Kiseleva says in an article published by the Kommersant. According to the daily, Gokhran has put freeze on the very first transaction planned by ALROSA to be made through Sotheby's. Gokhran’s experts attributed a polished diamond weighing 47.48 carats as belonging to the category of unique gems, the export of which is prohibited by Russian law. Earlier, the same experts refused to recognize the rough diamond of which it was made to be equally unique.
Chinese market sparkles for Argyle's gems
09 april 2013
China has entered a "fast growth" phase that will change the face of the global diamond jewellery market and Rio Tinto's West Australian Argyle mine is positioning itself to capture the new demand, Sarah-Jane Tasker says in an article posted by the Australian.
Excessive control as risk factor
08 april 2013
For more than 20 years, Russian entrepreneurs are trying to master the diamond business hitherto unknown in this country. However, so far they failed to achieve tangible results – the country does not have its own diamond cutting industry as such, while jewelry trade is flooded with low-quality imports and there are virtually no prospects for any financial well-being taking into consideration the current realities in the tax and customs legislation.
Rare Gem - Rare Profession
05 april 2013
The fact that Russia is rich in natural resources, including precious stones, is well known across the world. Besides, this country was blessed with craftsmen who were able to create unique products literally out of any material. Thus, high-quality rough diamonds and top-notch artisans in the middle of the last century made it possible to establish the School of Russian Cut at the Kristall Diamond Factory in Smolensk, which was second to none. What is going on in this field now?
