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
ALROSA has finally sold 51% in Timir to Evraz
04 april 2013
The quite a good bit protracted deal to sell 51% in Timir, an iron ore company, to Evraz Group has been finally completed, Anastasia Popinako says on the RBC Daily portal. ALROSA will gain nearly 5 billion rubles for this package. Besides, the diamond miner got rid of a costly and non-core asset in the run-up to its IPO. Evraz reassures that Timir will help it to make up for dwindling resources of its iron ore division.
Booming sales of 9-carat gold in Europe
03 april 2013
On the backdrop of rising prices for gold, jewelers in Europe often offer jewelry made of 9-carat gold, which is less pure compared with 18-carat gold, but much cheaper. Over the last decade, gold prices have increased four-fold, and for middle-class Europeans purchasing gold jewelry is becoming less affordable in the financial and economic crisis environment.
ALROSA defrosts African diamonds
02 april 2013
ALROSA is seriously mulling over the resumption of its business in Africa, which was virtually frozen in 2009. The Kommersant Daily learned that the Russian diamond monopoly is currently in talks with the Angolan authorities on a joint venture to explore for new primary deposits in this country outside of the Catoca Project, where it already owns 32.8%. ALROSA plans to establish similar joint ventures in Botswana and Zimbabwe. The high political risks associated with this area forced the diamond miner to focus it efforts on projects in the field of exploration, which do not require large-scale investments.
Global shocks can snap capital flows, trigger Indian Rupee depreciation: CRISIL
02 april 2013
(commodityonline.com) - If however, there are any signs of a "global economic drought", capital flows can dry up suddenly resulting in a temporary, but a sharp depreciation of the rupee, Commodity Online says.
Bikita diamonds can be a boon for Zim
01 april 2013
The recent discovery of four kimberlitic pipes "rich in Diamonds" in Bikita can be a boon for Zimbabwe's economic fortunes if properly managed. Zimbabwe, which is also home to Murowa Diamond Mine, River Ranch Mine (although currently mothballed) and Marange diamond fields, is poised to double output to 16.9 million carats this year as companies ramp-up production.
