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 reduced polished export in 2012, but polished prices went up compared to 2011
21 january 2013
India, the world's largest diamond-cutting center, reduced its export of polished diamonds in a significant way in 2012. Such conclusions can be drawn upon a closer look at the metrics published by the Indian Gem and Jewellery Export Promotion Council (GJEPC), which released its data for December 2012 last week.
The Rough Diamond Rollercoaster
21 january 2013
Perhaps 2012 was not as much of a rollercoaster year as it was a year of evolution and change, Edahn Golan writes on idexonline.com. Rough prices declined, the Oppenheimer's cashed out, BHP Billiton found a buyer (but Rio Tinto didn't), production was curtailed, and calls for marketing support went largely ignored by miners. An examination of the DTC price list of the past year reveals a lot of red. Time and again the leading diamond supplier to the market decreased prices in 2012. And most of the time it was just not enough, according to diamond manufacturers.
Rough diamond prices likely to increase as DeBeers, ALROSA tighten supply
18 january 2013
Rough diamond prices increased by more than 20 percent each year since the post crisis era as producers struggled to keep pace with demand. However, this changed last year when prices eased by 16 percent, according to data compiled by WWW International Diamond Consultants. Polished prices were also not spared by the tide.
Harry Winston to Use Swatch Cash for Diamonds Purchases
17 january 2013
Harry Winston Diamond Corp. (HW)’s $1 billion sale of a luxury unit to Swatch Group AG (UHR) provides the cash to invest more in diamond mining, a business that last year was more than twice as profitable as jewelry.
Accounts Chamber audited how Smolensk-based Kristall used the in-kind contribution made by the Russian Federation - review
16 january 2013
The Accounts Chamber of the Russian Federation issued a report on the audit of foreign economic activities practiced by Russia's largest diamond manufacturer, the Kristall Production Corporation based in Smolensk, according to Finmarket. Another aim of the auditing was to evaluate the efficacy and intended use of the federal property turned over to Kristall as an in-kind contribution within the frames of state support rendered to the company in the crisis period of 2008-2009.
