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.
Yesterday
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...
22 october 2026
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.
22 october 2026
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.
22 october 2026
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.
22 october 2026
Zim diamonds: When fiction masquerades as fact
22 august 2012
It must be very painful to see how reality can be stubborn sometimes as we remember very well what minister Mpofu said last year when KP lifted a ban on the export of diamonds from Marange. However, as Zimbabwe placed its diamonds under the hammer, the real status of Marange gems emerged as it failed to bring the billions that had been lavishly projected.
Rio Tinto Advances Sale of Diamond Mines as Aluminum Plan Stalls
21 august 2012
Rio Tinto Group (RIO), the world’s third-largest mining company, said its plan to sell diamond assets is “well advanced,” while the divestment of aluminum operations has stalled after prices for the lightweight metal fell.
De Beers Moves Aggregation of Worldwide Production to Botswana
20 august 2012
The De Beers Group formally commences worldwide diamond aggregation in Gaborone today, two months ahead of schedule, www.mineweb.com says in an article posted on August 14. The milestone is part of the sales agreement between De Beers and Botswana, and marks the delivery of the first phase of the migration of De Beers' sales activities to Botswana.
First listed diamond company in trouble
17 august 2012
A news from Mumbai has rocked world's biggest diamond cutting and polishing centre in Surat. Classic Diamonds (India) Ltd., one of the few listed diamond companies based in Mumbai, has informed the Bombay Stock Exchange (BSE) that a consortium of bankers, including State Bank of India (SBI), have withdrawn various working capital and export financing facilities given to the company and asked the company to repay their outstanding balances on August 7.
ALROSA looks to scoop up $ 6 billion from annual sales of rough diamonds
16 august 2012
ALROSA expects that its annual sales of diamond goods could reach $ 6 billion in the medium term given a favorable conjuncture in the world market.
