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 miner acquires a taste for old mines
06 may 2011
The sale by De Beers of some of its smaller mines has provided an opportunity for junior mining firms. One of the largest beneficiaries of De Beers' decision to sell off mines has been Petra Diamonds.
Diamond smuggling active in Surat, Navsari
05 may 2011
The seizure of blood diamonds worth Rs 10.17 crore in Surat is just the tip of the iceberg, say sources in the diamond industry. The widening demand-supply gap in the international market in the last two years has lured many in South Gujarat - mainly in Surat and Navsari - to smuggle illicit diamonds from Zimbabwe, Angola and other African countries.
Credit to the Diamond Industry
04 may 2011
Industry representatives, particularly in Belgium and Israel, are lobbying the banks to increase their lending. However, the argument may not be reasonable given the dramatic change in the way the banking sector operates since the downturn.
At the heart of Russia's diamond industry
03 may 2011
Hopefully the town's inhabitants will not be offended by this description, but the hole is the reason they all live in this remote corner of Russia's Far East. Obviously, there are buildings: Functional apartment blocks, government offices and shops, as well as roads and an airport. But everything is dwarfed by the giant diamond mine on the edge of the town.
Diamonds made of gas
29 april 2011
An incredible and sensational event has occurred in the realm of gemstones (although personally I expected it happen for a long time): a group of U.S. researchers at the Carnegie Institution in Washington led by Russell Hemley has succeeded in growing huge clear diamonds using a methane-hydrogen mixture, writes Professor Alexander Portnov, Academician of the Russian Academy of Natural Sciences, in his article published in the Sovetskaya Rossiya Daily, which is given below abridged.
