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

New blue chip

15 december 2010

In case ALROSA will offer a public subscription at prices lower than those estimated, this company is a good investment. It is most likely that before an IPO the company will split its stock to increase liquidity, which should attract individual investors.

Hermes raises full-year revenue forecast as sales surge

14 december 2010

Hermes International, the French luxury-goods maker in which LVMH Moet Hennessy Louis Vuitton holds a stake, raised its full-year revenue forecast after third-quarter sales surged 31%.

New Indian rough diamond sourcing group targets investment of $2 billion

13 december 2010

The recently announced second rough diamond sourcing group in India, though still in the incorporation stage, has set itself a target investment of US$2 billion. The group, Surat Rough Diamond Sourcing (India) Limited (SRDSIL) is not holding back and is said to have already signed a $100 million a month diamond supply agreement with Obert Mpofu, the Minister of Mines of Zimbabwe.

Why Zimbabwe's New Diamonds Imperil Global Trade

10 december 2010

Searching for the world's newest blood-diamond bazaar, I arrive in Manica, Mozambique, near the border with Zimbabwe, writes Alex Perry of the Time Magazine. It's a sunny provincial town of shady bungalows and bright purple bougainvillea set around a central square. Just off it, in the downstairs bar of a small hotel, I ask the waiter about diamonds. He makes a call, and a tall man in a double-breasted jacket appears and introduces himself as Francisco. He leads me to a storeroom at the back of the hotel and shows me a small pile of glassy brown and pink pebbles in a piece of folded newspaper.

BHP looks at emerging markets for growth

09 december 2010

Global resources giant BHP Billiton chairperson Jac Nasser said that while Europe, the US, Japan and other mature markets remain significant contributors to overall commodity demand, it is the emerging markets that are the key drivers of growth.