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
When the celebrations are over
02 september 2010
If Botswana - with a GDP of 13 billion dollars in 2008 doesn't want to sink again to a GDP of 165 million dollars (the figure in 1972, when production began at its first diamond mine, Orapa), it has to take strong, swift and very effective action. Botswana needs to plan for that day in the not-so-distant future (20-30 years) when the rough diamonds that are supplying the economy with air to breathe run out. For the consumer in Manhattan, diamonds are a luxury item. For the citizen of Gabarone, they are a matter of survival.
Meeting luxury shoppers on new terms
01 september 2010
Consumer news outlets have been abuzz this year with reports of the luxury consumer's return, with one story heralding an upscale Connecticut jeweler's sale of a $490,000 watch, a ticket that would hardly have made headlines three years ago, back when consumers with money to burn--or credit cards to max out—still spent eagerly.
Why diamonds don’t cut it any more
31 august 2010
Only clever marketing has made the colourless stones so precious to us. Isn’t it time we fell out of love with diamonds?
The shrinking and expanding diamond distribution chain
30 august 2010
The march of time and technology is relentless, not least of all in the diamond business. In less than a generation, the industry’s production base has shifted from West to East; demand has joined, if not replaced supply as the main market driver; and developments at one end of the pipeline are detected and reacted to with lightening speed.
De Beers Brings Sightholders to Secondary Market
27 august 2010
Diamond Trading Company (DTC) sightholders will soon be bidding for De Beers goods in the secondary market through Diamdel’s online auctions, DTC’s chief executive officer (CEO) Varda Shine told Rapaport News. In addition, clients of Diamdel, the De Beers sales arm for non-sightholders, will be given the opportunity to become sightholders even after the next supplier of choice contract period begins.
