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
Perfect timing
01 july 2010
New reports were released recently by a London-based campaign group Global Witness and the Partnership Africa Canada (PAC) ahead of a crunch Kimberley meeting in Israel where Zimbabwe was set to dominate talks again.
One-quarter-of-a-century grace period
30 june 2010
ALROSA’s own example proved that diamond mining in Angola is by far not as attractive as just recently it seemed to investors from all over the world. The Russian company abandoned the Luo Project for development of two kimberlite pipes having sold its stake to Portuguese Escom Mining for a final total of almost 3.7 billion rubles. However, it will be a long wait for the Russian company to get the payment… postponed until 2035.
Diamond Market Outlook: Demand, Prices are Expected to Climb
29 june 2010
ALROSA unveiled its forecast of the diamond market until 2018. In the document, Diamond Market Outlook 2010, it is stressed that diamond output will return to its pre-crisis level of 2008 (165 million carats) only in 2015 and will remain flat at 165-167 million carats a year due to absence of newly discovered diamond deposits and depletion of those being developed.
Reflections on Antwerp Week at the Shanghai World Expo
29 june 2010
One aspect of the importance of Antwerp-sourced goods for Chinese diamantaires is that of legality. It was obvious that after a tax reduction on imported diamonds, the Chinese government wouldn’t tolerate fraudulent imports of diamonds. Therefore, they were eager for the Shanghai Diamond Exchange to sign a strategic business agreement with a major distribution centre with a modus operandi for which Antwerp is famous: transparency.
ALROSA offers new issues of bonds
28 june 2010
ALROSA’s successful moves to refinance its debts and sell its non-core assets in 2009 as well as its growing sales in 2010 make it possible to say that the company’s credit profile looks stronger. As the company is state-owned and enjoys a considerable amount of government support holding leading positions in the world diamond market, the recently announced prices for ALROSA’s new bonds seem quite adequate.
