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
TanzaniteOne ‘circumvents’ Tanzania export ban on raw gemstone
15 march 2011
Tanzanite producers might have had a sense of relief as the world economy began to show signs of recovery early last year following a battering that dampened the gemstone market. However, a shocker in the form of a ban on exports of raw tanzanite larger than five carats came mid-last year.
The Year Of The Tender
14 march 2011
With rough prices quickly returning to pre-2008 crisis levels, production still recovering from the recent slowdown and manufacturers faced with the fear of not having the rough needed to run their factories, it was hardly surprising that the mining companies fully embraced the tender system with open arms.
Supply Constraints
11 march 2011
The major mining companies have much to be pleased about. It appears that 2010 was a strong year across the board. Heavy-weights BHP Billiton and Rio Tinto posted record profits in the recent fiscal half year as they rode the wave of the commodities price boom with demand spurred by strong growth in emerging markets and signs of recovery in developed economies. Significantly, supply constraints also helped stimulate growth.
Is Russia to establish a diamond exchange?
10 march 2011
Russia’s Ministry of Finance is mulling over the possibility of creating a Russian diamond exchange, www.bigness.ru writes. Alexei Kudrin, Russian Vice-Premier and Finance Minister, told this to reporters at the Krasnoyarsk Economic Forum. There were also reports that the country's major diamond mining company ALROSA may be turned into a public corporation in the middle of this year.
Angola to diversify from over reliance on diamonds, oil
09 march 2011
Angola is on a drive to diversify its mining base away from a primary reliance on diamonds and oil, the country’s secretary of geology, mines and industry Mankenda Ambroise has said.
