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
Banking on trust
25 february 2013
(diamondworld.net) - To an industry that was making all efforts to put a brave front in trying times, a small jolt might also prove to be harmful, the Diamond World says. While the solo incident of a renowned bank snapping its finance facilities to a big business house in Belgium, might be a slight tremor, but it definitely had a dominos effect that led various companies switch to alert mode. Preeti Srivastav talks to the industry insiders, who speak their minds about various apprehensions and probabilities in wake of such incident.
ALROSA: prospects for global leadership and privatization
22 february 2013
In 2012, ALROSA Group preserved the world leadership in diamond mining in terms of volume achieved in the period of economic crisis. It should be noted that in late 2012, ALROSA Group bought a 51-percent shareholding in Nizhne-Lenskoye. The acquisition of a new diamond asset will ad about two million carats to the miner’s annual output. So, if we take into account the output generated by Sociedade Mineira de Catoca in Angola, it means that ALROSA Group produced more than 42 million carats of diamonds last year.
China and India Emerging as Drivers of Diamond Demand
21 february 2013
(diamondinvestingnews.com) - In the western world, diamonds have been intimately linked to weddings and engagements since De Beers famously coined the slogan “a diamond is forever” in 1947, Charlotte McLeod writes in her article posted by Diamond Investing News. To the dismay of those watching their wallets, that has also meant that the coveted gems enjoy a close association with February’s unofficial holiday: Valentine’s Day. Now, increasingly wealthy consumers in eastern markets, specifically China and India, are emerging as major drivers of diamond demand as they adopt the tradition of marking these occasions with diamond jewelry.
In Praise of Investing in High-End Diamonds
20 february 2013
(idexonline.com) - The debate about investing in diamonds in the popular and economic press mostly considers investment in 1-carat white goods, the kind considered the "bread and butter" of diamonds, Edahn Golan says on IDEX Online. At the same time, when these same outlets cover news about high-end goods sold at auctions, awe is expressed, usually without serious consideration of the investment qualities of these diamonds. What a mistake.
De Beers’ rough ride
19 february 2013
If there was any doubt that 2012 was a difficult year for the diamond industry then one needs to peruse De Beers’ poor annual results, which were released last Friday.
