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

Diamonds for a strategic investor

09 june 2012

The Russian government is discussing two options for privatizing ALROSA – one is the sale of small blocks of shares, while the other is selling a large stake to a strategic investor, the Vedomosti Daily says. There is one bidder already - Suleiman Kerimov.

Inside LLD Diamonds Namibia’s cutting, polishing plant

08 june 2012

Situated in Windhoek’s Northern Industries is a factory that cuts and polishes locally produced diamonds. For those who do not know what is done inside the closed doors and gates of LLD Diamonds Namibia they will be tempted to think that the place was “dead”. However, there was a lot of activity inside the factory, albeit in an orderly manner and stone silence.

Diamonds are not forever

07 june 2012

The Zimbabwe Revenue Authority (ZIMRA) has become a pain in the backside of local companies as the tax collection agency lays siege on firms, scrounging for every little penny it is owed in order to sustain government operations. The heat is certainly on, on ZIMRA.

Lucara Diamond Corp. Becomes a Producer

06 june 2012

Lucara Diamond Corp. (TSX:LUC) is completing the final stages of its transition from development company to diamond producer. On April 23, the company announced production of the first diamonds from its wholly-owned Karowe mine in Botswana. The company said the outstanding quantity and grade of the diamonds have reinforced its high expectations for the mine. Apparently eager to let the market judge, the company has scheduled the first diamond sale for June.

Diamonds are forever, but not their owners

05 june 2012

There are some diamonds about which people say it would be better to stay away from them and avoid wearing for they spread gloom and desolation all around. One of the so-called "cursed" diamonds is the Blue Diamond, which later became known as the Hope Diamond named after one of its owners, Henry Thomas Hope, a banker and passionate collector of jewelry.