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
It's the Long Term, Stupid
14 november 2011
There are many questions in the diamond market about the reasons for the Oppenheimer family to sell their holding in De Beers, but the more interesting question is why Anglo American bought it, and how it fits into a broader issue – the recent consolidations and proposed IPOs of a range of leading companies.
Rough diamond bourse president battles for rights of smaller firms
10 november 2011
After nine years heading the Antwerpsche Diamantkring, David Wahl continues to look for ways of improving conditions and opportunities for bourse members. Speaking to Antwerp Facets, Wahl considers the state of the current-day diamond market, and looks at the changes that have taken place since he took his first steps in the diamond business.
Will De Beers transform under Anglo American control?
09 november 2011
Anglo American’s planned takeover of the Oppenheimer’s 40 percent interest in De Beers has sent tongues wagging in the diamond industry. Questions are being asked why the Oppenheimer family had decided to dispose of their stake after over a century in the diamond industry and over 80 years as a De Beers shareholder.
Why the Oppenheimers sold out of De Beers
08 november 2011
Nicky Oppenheimer will not divulge why his family decided to sell out of De Beers, but diamond industry sources reckon it boils down to two issues - family matters and financial prudence over the state of the diamond market.
Anglo American Ends Oppenheimers’ De Beers Dynasty With $5.1 Billion Deal
08 november 2011
Anglo American Plc (AAL) agreed to buy the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion in cash, ending the dynasty’s 80-year ownership in the world’s largest diamond miner.
