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
The Kimberley Process Meeting: Great? Disappointing? Or Kind of Both?
19 december 2012
Is it possible for a list of accomplishments to be both impressive and underwhelming? Take what happened at the Kimberley Process Plenary this year. This has to be one of the most impressive Plenaries ever, with the U.S. piling up quite a tally of achievements. And yet, at the final press conference, the NGO representative, Alan Martin of Partnership Africa Canada, was full of complaints.
Testing Sightholders
18 december 2012
Often, the manner in which the diamond industry starts a year proves more influential than the weighted importance it gives the end of year holiday season. Granted, they are interconnected, with the level of restocking naturally dependent on retail sales and prices responding to the respective supply-demand dynamic. While that is certainly true for polished, there is a sense that the rough market has other factors to consider.
From The Office Of Maxim Shkadov, Idma President
17 december 2012
At this time, as these are the last few weeks before the end of year holidays, most of us will be quite busy, Maxim Shkadov, President of the International Diamond Manufacturers Association (IDMA), says in his address published on the IDMA portal at http://idma.co. However, I think this is as good a time as any to invite our industry peers and do some strategic thinking about the future of the diamond supply pipeline.
Bain & Company: Global Demand of Rough Diamonds To Exceed Supplies through 2020
14 december 2012
In the next 8 years demand for diamonds will grow at a rate of 5.9%, while mining companies will be able to increase their rough supply by only 2.7%. “China and India will drive the growth,” said Olya Linde during the presentation of the latest Bain & Company report on the global diamond industry. “What is important is that we expect 200 million additional middle-class households from these two countries”.
Supply of synthetic diamonds growing albeit blighted by cheating manufactures
13 december 2012
Research carried out two years ago showed that 52 percent of women wanted natural diamonds in their jewellery compared to 96 percent of women who fancied the same stones 10 years earlier. The shift, some analysts argued, was due to the fact that consumers did not want to promote the selling of the so-called blood diamonds. However, it is dangerous if not sheer stupidity to assume that all or the majority of natural diamonds were mined in conflict areas.
