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
Diamond-Financed Defense College Deal Exposes Zimbabwe's China Ties
01 july 2011
Controversy over a US$98 million Chinese loan to Zimbabwe to build a defense college, funded by Harare's share of revenues from a diamond mining deal with a Chinese firm, became a case study of the questions around China's burgeoning economic relations with Africa just days after US Secretary of State Hillary Clinton raised the issue.
Diamond peaks conquered by ALROSA
30 june 2011
By the end of the year, a new industry player and a new ‘blue chip’ may emerge on the Russian market, which may be ALROSA, writes Timur Vildanov, an analyst of “Investcafe”. The results of the first quarter in 2011 are very promising. From January through March, 10 million carats were mined, and if the company is able to raise the production at the same rate, these results will not be matched by its competitors.
Online jewelry sales in Canada go uphill
30 june 2011
If the diamond is still regarded as a classic symbol of eternal love, the ways it is offered to consumers are becoming less traditional: grooms often buy diamond rings for their future spouses through the Internet, the Canadian mass media say.
NOVATEK is aiming for Urengoy
29 june 2011
ALROSA’s gas assets temporarily owned by VTB Capital can fell to NOVATEK’s lot, Olga Mordushenko writes in her article published in the Kommersant Daily. The largest independent gas producer in Russia offered VTB to acquire Urengoy Gas Company for $160 million. Another asset, Geotransgas, is priced by analysts at $800 million.
Chaim Even-Zohar: De Beers' Next Strategic Choice: Auctions to Replace Sights?
28 june 2011
The strategic significance of the De Beers management decision to open a Diamdel office in Dubai is being downplayed by Diamdel Chief Executive Officer Neil Ventura, Chaim Even-Zohar writes in his analysis. While I was told a few weeks ago that any attempt to seek a “broader interpretation” is simply speculation, I couldn’t disagree more. The new Dubai office is part of a De Beers policy to move a larger part (if not all) of its rough sales through auctions, which could have near catastrophic ramifications on the diamond business.
