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
Zimbabwe to shine out in rough diamond market
08 february 2012
Backed by high demand from the world's biggest diamond cutting and polishing centre in Surat, Zimbabwe is all set influence price and demand for rough diamonds in 2012, Melvyn Thomas of the Times of India writes.
Counting Carats
07 february 2012
If one clear trend has evolved in the diamond market during the past six months, it is that businesses are more carefully managing their inventories, as expected given the prevailing global economic uncertainties. It is as true in the mining sector as it is among manufacturers, wholesalers and retailers, as each has restrained the volume of goods on hand.
The Real Cost of Round-Tripping
06 february 2012
The sudden decision by the Indian government to tax polished diamond imports has surprised many in the country's diamond industry, although it should not have. If a parcel makes at least four round trips for the sake of financing, this means that for every $1 million worth of goods the exporter gets $4 million in financing. Not bad as long as you can pay it back.
Diamond Sector May See a Slow First Half
03 february 2012
The diamond industry could see a slow and challenging first half this year with rough and polished prices remaining fragile as well as volatile, and dependent upon growth from consumers in Asia and the U.S., RBC Capital Markets said in its 2012 Diamond Sector Outlook report.
Zarubezhneft buys blocking stakes in ALROSA’s gas assets
02 february 2012
Zarubezhneft, a state-owned oil company, intends to acquire a blocking stake in the gas assets owned by Russian diamond miner ALROSA. The oil company will have 25% plus one share in ZAO Geotransgaz and a 26-percent stake in OOO Urengoyskaya Gazovaya Kompania, all owned by ALROSA.
