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
Commodity or Love – You be the Judge
28 november 2012
Diamonds are touted as the ultimate symbol of love – beautiful, everlasting and precious. A cynic may add rare to this list. From "A diamond is forever," to "Every kiss begins with Kay," the association with love has always been a key component of marketing diamonds. This association is so strong that diamond traders – people removed from the retail experience – recoil at the mere mention that diamonds are a commodity, almost throwing salt over their shoulder and spitting on the sidewalk, as if it the notion was a curse or at the very least an omen of bad luck.
BHP going automated, and truckless
27 november 2012
BHP has announced that it will implement a fleet of automated trucks at its new Jimblebar mine, and is investigating going completely truckless at future operations, according to www.miningaustralia.com.au.
Inevitable Diamond Ethics
26 november 2012
The Diamond Source Warranty Protocol, launched by various U.S. trade organizations, is a step in the right direction in that diamond suppliers need to guarantee the authenticity of the goods they are selling, Avi Krawitz of Rapaport writes on www.diamonds.net.
ALROSA Toughens Rough Contract Terms
23 november 2012
ALROSA in November toughened its long-term client agreement system, according to an Interfax report posted by Rapaport on www.diamonds.net. It increased its monthly rough diamond selection limit to 90 percent in November, compared with 60 percent just three months ago, representatives of Russia's ALROSA product clients told Interfax.
Anglo chief change unlikely to solve all its problems
23 november 2012
Anglo American shares jumped almost 4% on Friday, October 26 on the news that Cynthia Carroll is stepping down as CEO. But, the bounce will, most likely, be short lived. As one analyst pointed out to Mineweb: "The problems haven't gone away and anyone who thinks they have is dreaming. There are some really big problems they have to resolve, particularly in their platinum business."
