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.
23 october 2026
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
Leadership and Transparency
12 august 2011
Industry journalists usually make sure they are prepared ahead of a De Beers financial report. In the past, De Beers held a press conference, with a Q&A session, when it announced the results. After the 2008 meltdown, they released their figures almost in secret. This week [August 1-7] it made a half step back, letting journalists know, in advance, when the results were to be announced.
Cautious Diamond Production
11 august 2011
High rough diamond prices significantly boosted mining profits in the first half of 2011. Rapaport estimates that average Diamond Trading Company (DTC) rough prices rose about 35 percent during the six months proved spot-on when De Beers reported its results. Others, including ALROSA, Gem Diamonds and Petra Diamonds, showed similar strong gains.
Marange ‘torture’ camps documentary a sensational junk food for the mind
10 august 2011
The European Union (EU) surprised all and sundry when it reacted calmly to reports that Zimbabwe’s military and police were running “torture camps” in the Marange diamond fields.
Swatch is confidently moving forward
09 august 2011
Occupying a leading position in the world, Swiss manufacturer Swatch Group said it would continue to strengthen its presence in the global market and further invest in production facilities and staff training in order to maintain its strategy of "healthy and sustainable growth."
SA state-owned diamond firm Alexkor shows the ugly side of nationalisation
08 august 2011
Calls for the nationalisation of mines in South Africa by Julius Malema, president of the ruling African National Congress (ANC)’s youth wing, have been a subject of much economic controversy.
