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
Pricing Pressures to Limit Jewelry Manufacturing Revenue Growth
17 july 2012
Jewelry manufacturing revenue in the U.S. is expected to increase 2.4 percent to about $8.9 billion in 2012, according to the latest report by IBISWorld, www.diamonds.net says. High prices for materials and greater import penetration have adversely affected industry players and profit margins over the past five years. IBISWorld concluded that looking ahead for the five years through 2017, industry revenue is forecast to decline.
Leading the Industry to the Crash of 2012
16 july 2012
De Beers’ management reportedly takes mistaken pride in “defending its prices,” however defending unsustainable prices that cause lasting damage to clients, the market and to De Beers itself is a fallacy, a delusion, that will backfire, write Chaim Even-Zohar and Pranay Narvekar in their analysis published on www.israelidiamond.co.il on July 8.
Breaking the Concrete Floor
13 july 2012
A month ago, we published a column entitled “Fair Warning,” which focused on the problematic economic situation ahead, says Edahn Golan on www.idexonline.com. Since then, matters have taken a turn for the worse.
Diamond mining companies snub Mine Entra
12 july 2012
Zimbabwe Diamond mining companies have so far not yet expressed interest in exhibiting at the annual Mine Entra 2012 scheduled to run from July 25 to 27 at Zimbabwe International Trade Fair (ZITF) grounds in Bulawayo.
Chinese Caution
11 july 2012
China’s current ‘Year of the Dragon’ appears to have lost some of its fire as investors and analysts view China’s economy with increasing caution. Chinese diamond buyers have picked up on that sentiment and are holding back from making large-inventory purchases as global economic concerns deepen and local consumer confidence fades.
