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
Supply Versus Profit
03 july 2012
The first half of 2012 ended in a state of despair for the diamond industry. Prices have softened and trading is muted all around. De Beers and ALROSA have reduced supplies but maintained high prices, despite that liquidity in the manufacturing sector has tightened.
Fyodor Andreev: I am confident that in the very near future ALROSA will be able to turn into a company with a high market value
02 july 2012
Fyodor Andreev, President of ALROSA, said in his introduction to the diamond miner’s annual report that the company accomplished several major goals set one year ago. First of all, ALROSA managed to retain global leadership in terms of rough output by carats. In view of its results in 2011, ALROSA has become the world’s biggest diamond producer having increased its output to 34.6 million carats in 2011 from 34.3 million carats in 2010.
Time for Marketing (and the latest on the undisclosed goods)
29 june 2012
This may not be a good time to consider marketing – considering the tough state of diamond jewelry. At the same time, it is precisely because of times like this that generic marketing is so missed.
Study: Luxury goods sales on growth path
28 june 2012
Global sales of luxury goods will increase between 3 and 7 percent each year between now and 2014, while spending on luxury experiences is projected to grow 12 percent, the latest study from the Boston Consulting Group (BCG) shows.
South African diamond industry has gone to the dogs
27 june 2012
African Romance (a diamond cutting and polishing company) chief executive Mohseen Moosa was recently quoted by Mining Weekly as saying that the South African diamond industry had not been managed well. He said that the South African diamond industry was in crisis.
