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
China may buy 25% of diamonds in a decade
22 march 2013
(miningmx.com) - China may comprise a quarter of world diamond sales in a decade supplanting the US as the biggest buyer of gems, said Philippe Mellier, CEO of De Beers, according to Miningmx.
LIBOR pegged at by СFTC
22 march 2013
According to sources in the financial sector, the U.S. regulator is currently conducting an investigation for possible manipulation of prices in the world's largest gold market, London.
Africa exploration losing lustre as corruption rife
21 march 2013
(miningmx.com) -
The Fraser Institute, a Canadian organisation that has a reputation for the authority of its business trends surveys, has some unpalatable reading for investors who believe Africa’s resources industry has come of age, David McKay writes on www.miningmx.com.
Gold Price declining, but strong turbulence still rocks the market
20 march 2013
Good news, bad news for the jewellery business. The good news is that the average price of gold has been dropping for the fifth consecutive month; the bad one is that strong oscillations are making purchases very risky.
Balancing diamond production shortfalls in Botswana
19 march 2013
(mmegi.bw) -
Diamond producers each have different rough marketing mechanisms. Looking at world production by value, some 35-40 percent is sold through auctions and tenders. In these marketing systems producers simply sell whatever output they get - and don't face "shortfall" issues in their relationships with clients, Chaim Even-Zohar writes in an analysis posted by the MmegiOnline. However, the major producers - and foremost among them De Beers and Alrosa - still mostly sell their rough via long-term contracts.
