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
September jewellery fair in Hong Kong turns on amber light
30 september 2011
Last Sunday Hong Kong Jewellery & Gem Fair wound up its 29th edition. This year, the show attracted particularly high expectations due to rising prices for diamonds and gold and because of economic instability in world markets. People were awaiting the Hong Kong event as a traffic light that could give a definite signal to the jewelry trade whether to move or stay on the stop line.
Four reasons for the decline in gold prices
29 september 2011
The fall in gold prices by almost 4% last week triggered commotion among investors. Earlier this month, the price of gold reached a record level of $1,920, and after that it lost 10% of its cost. How could it happen that an asset viewed as an investment haven “went off the rails”? Experts attribute this to four reasons.
Buy Diamonds, not Gold
28 september 2011
Like other luxury goods, diamonds have become a symbol of prosperity to the newly wealthy middle classes. If you want to invest in something where the economics are more predictable, you could do a lot worse than diamonds. Now I'm not advocating that you catch the ferry to Antwerp and come back with a pocket full of shiny rocks. But diamond miners can be a proxy for the gems themselves.
Firestone’s Botswana tender show rough diamond sales in the dip
27 september 2011
Although, De Beers see global demand growth for rough diamonds setting a new record this year, it was careful not to be flattery with its rough diamond price guidelines, perhaps after learning from events that took place between April and July.
Luxury Stock Tiffany Is Way Overpriced
26 september 2011
Go to the “Gifts for Her” web page at Tiffany & Co. (NYSE:TIF) and you see lots of nice items. You will also notice that the 12 items on the first page sell for an average price of $1,815. That’s almost 4% of the median annual income of households in America. This Tiffany pricing model might not seem like much to some well-heeled shoppers, but for many it’s one or two months rent.
