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
Rio Says Diamonds to Extend Gains as Dwindling Supply Fails to Meet Demand
26 october 2010
Rough-diamond prices will extend gains through the next decade as dwindling production fails to meet rising demand from India and China, Rio Tinto Group said.
ALROSA: the Outlook is Stable
25 october 2010
Standard & Poor's Ratings Services said that it had raised its long-term corporate credit rating on Russian diamond miner ALROSA Co. Ltd. (ALROSA) to 'BB-' from 'B+'. The 'B' short-term corporate credit rating was affirmed. The outlook is stable.
India: From Mine to Market
22 october 2010
If there is one diamond center that can host a conference titled “International Diamond Conference - Mines to Market,” it is India. Discussions at the so-named event in Mumbai left little doubt that the country impacts all aspects of the diamond trade through its dominant manufacturing sector, trading activity, retail growth and burgeoning mining presence.
DTC October Sight Estimated at $420M
21 october 2010
De Beers sold an estimated $420 million worth of rough at the Diamond Trading Company (DTC) October sight as prices and assortments remained relatively stable. Reports indicated that demand for rough was being fueled by the secondary market as premiums on DTC boxes increased from September. Market sources estimated that premiums are selling at an average 7-to-9 percent.
"I have no ill feelings towards the idea of a "people’s IPO”
20 october 2010
In early October, the members of the Yakut parliament passed in its first reading a bill allowing ALROSA to be turned into a public company from a closed joint-stock entity, the Kommersant Daily writes. At the next stage, the Russian diamond company plans an IPO which will transform it into a multi-business mining company of a global level. In his first interview as President of ALROSA Fyodor Andreev told Elena Kiseleva, special correspondent of Kommersant, when the new "blue chip" may hit the market and why ALROSA’s management considers dangerous the emergence of a strategic investor among their shareholders.
