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

Seven expert arguments against buying diamond jewelry

08 november 2012

Internet newspaper The Huffington Post published seven reasons of diamond expert Ira Weissman in support of why, in his opinion, to buy diamond jewelry is a waste of money.

SA dealt coup de grâce to Anglo's Carroll

07 november 2012

Cynthia Carroll is in the unenviable position of having to tolerate retrospectives of her Anglo American career even while she's still in the position and making crucial decisions about the firm's future.

Rough Review

06 november 2012

As all the business models predicted for the second decade of the century, rough diamond production is now declining in volume, and soaring in value. In 2011, diamond production declined 3.4 percent to 124 million carats. The value of this production - as stated by producers - was $14.41 billion, up26.5 percent compared to the preceding year. How did this happen, why did it happen and, most importantly, is this the beginning of a long-term trend or just an unusual hiccup?

South Africa’s State Trader Looks to Buy Diamonds Abroad

02 november 2012

According to Rapaport, South Africa’s State Diamond Trader (SDT) is looking to purchase rough diamonds from other countries, in particular Zimbabwe, as it was unable to procure sufficient local goods to advance South Africa’s beneficiation sector.

Why Are Indians Suddenly Buying Diamonds?

01 november 2012

Indians have long been the world’s biggest buyers of gold — so much so that changes in their consumption tip the scales of global demand. Recently, those scales have tipped down. This year, China surpassed India in overall gold demand, according to the World Gold Council, largely because by the end of the second quarter, gold jewelry demand in India had dropped 30 percent year-over-year.