Metals and Minerals

15.05.2018

Gold ‘radically undervalued’ with price about to take off - expert

Against growing crude prices gold is significantly cheap and presents a good buying opportunity, according to Leigh Goehring, managing partner at New York-based firm Goehring & Rozencwajg Associates.

The analyst compared the current situation to the one gold and oil markets experienced 20 years ago. “Back in the first quarter of...

Against growing crude prices gold is significantly cheap and presents a good buying opportunity, according to Leigh Goehring, managing partner at New York-based firm Goehring & Rozencwajg Associates.

The analyst compared the current situation to the one gold and oil markets experienced 20 years ago. “Back in the first quarter of...

15.05.2018

Gold firms as dollar retreats from 2018 peak

Gold prices edged higher on Monday as the dollar retreated from a 2018 peak after subdued U.S. inflation data last week highlighted the prospect of fewer U.S. interest rate increases than previously expected this year.

Spot gold was up 0.2 percent at $1,320.8 an ounce at 1348 GMT, having on Friday...

Gold prices edged higher on Monday as the dollar retreated from a 2018 peak after subdued U.S. inflation data last week highlighted the prospect of fewer U.S. interest rate increases than previously expected this year.

Spot gold was up 0.2 percent at $1,320.8 an ounce at 1348 GMT, having on Friday...

15.05.2018

Tight supplies lift lead from nine-month lows, copper slips

An increase in copper stockpiles on Monday pushed down prices of the metal used in power and construction, while lead continued to rise from nine-month lows on fears of tight supply.

Benchmark lead on the London Metal Exchange was up 1.5 percent to $2,379.50 a tonne by 1420 GMT. It has...

An increase in copper stockpiles on Monday pushed down prices of the metal used in power and construction, while lead continued to rise from nine-month lows on fears of tight supply.

Benchmark lead on the London Metal Exchange was up 1.5 percent to $2,379.50 a tonne by 1420 GMT. It has...

14.05.2018

ArcelorMittal’s quarterly profit exceeded forecasts due to price increases

The world's largest steel producer, ArcelorMittal, surpassed expectations for its first-quarter profit on Friday amid a sharp rise in steel prices and an increase in iron ore supplies, and also reported an improvement in the forecast for 2018, Investing.com reported citing Reuters.

The group did not give specific benchmarks for its...

The world's largest steel producer, ArcelorMittal, surpassed expectations for its first-quarter profit on Friday amid a sharp rise in steel prices and an increase in iron ore supplies, and also reported an improvement in the forecast for 2018, Investing.com reported citing Reuters.

The group did not give specific benchmarks for its...

14.05.2018

KAZ Minerals upgraded to hold at Zacks Investment Research

KAZ Minerals (OTCMKTS:KZMYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, May 4th.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The...

KAZ Minerals (OTCMKTS:KZMYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, May 4th.

According to Zacks, “KAZ Minerals PLC is involved in mining, producing and selling copper concentrates primarily in Kazakhstan and Kyrgyzstan. The...


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