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
India's task force recommends Tufs in diamond sector
11 march 2013
(business-standard.com) - Suggestions include global miners be allowed to bring rough diamonds to India for sale and pay tax at the prevailing rate. The highly-successful technology upgradation fund scheme (Tufs) of the textile sector may be replicated in the labour-intensive diamond processing industry in India, business-standard.com says.
Oh cry Antwerp!
07 march 2013
Belgium surprised many a people last month when it lobbied its fellow European Union members to lift sanctions imposed on a diamond mining company owned by the Zimbabwean government.
A Level Playing Field? Never!
06 march 2013
(idexonline.com) - “Is there any merit to criticism that the Indian diamond industry is using bank financing for "narrow and destructive interest of speculating on [sic] rough prices," as the new president of IDMA (the International Diamond Manufacturers Association) recently claimed?” Edahn Golan asks in his article published by IDEX Online on February 28, 2013. “Or are Indian members of the industry simply making good use of the advantages their government provides them with – just as other diamond centers do?”
Free market and VAT
05 march 2013
Now, at the very start of 2013, in all appearances, we are once again astride a macroeconomic sinusoid crawling upwards, and it is impossible not to draw attention to the problems that prevent Russian entrepreneurs from being efficient in the diamond business. Otherwise, another economic crisis will finally dismantle even those tenuous rudiments of diamond industry, which are observed in Russia today.
Hong Kong Speculation
04 march 2013
(diamonds.net) - As far as trade shows go, there are only a select few, among the many on the diamond and jewelry industry calendar, that tend to set the tone for the market, Avi Krawitz writes in an analysis posted by Rapaport.
