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
Lower Diamond Production
01 august 2012
Predicting the diamond market can be tricky at times, particularly for those on the supply side of the pipeline. Miners, generally loath to scale down operations, have understandably been treading cautiously in 2012.
What is easier to resolve - credit immobility or tax avoidance?
31 july 2012
In his new analysis Russell Shor, senior industry analyst, describes how credit problems are affecting the current rough diamond market.
Rosy Blue rules the world of glitter
30 july 2012
Cycling around Surat in the mid-1960s, Dilip Mehta, a gangly teenager learning the ropes of the diamond trade, had little inkling of the globe-trotting road that the stones would take him on. It would be a fairy-tale-like journey that would see this college drop-out from Mumbai appointed a Baron by the king of a faraway country called Belgium. But this was no fairy tale.
Diamond Market Softens, Rough Price Remain Firm
27 july 2012
The diamond market in the first half (H1) of 2012 vastly differed from that in H1 2011. From liquidity to polished prices to consumer demand, conditions were clearly not as robust. As macroeconomic conditions continue to deteriorate, the diamond market continues to soften, but major rough diamond suppliers De Beers and Alrosa are resisting price declines creating a situation that many insist is unsustainable.
Cash-strapped cutters embrace De Beers offer
26 july 2012
An unusual offer by De Beers, allowing sightholders to defer up to 50% of purchases from its latest sight to March next year, had been “welcomed” according to Philippe Mellier, CEO of De Beers.
