Metals and Minerals

11.11.2019

Kazakhstan citizens buy impressive amounts of gold

Since 2017, Kazakhstanis have acquired almost 17.5 thousand gold bars. The National Bank explained that from May 31, 2017 to October 25, 2019, banks sold 13.2 thousand measured ingots with a total weight of 523.3 kg.

Exchange offices sold 4.2 thousand ingots weighing 118.1 kg. Thus, in general, Kazakhstanis purchased almost...

Since 2017, Kazakhstanis have acquired almost 17.5 thousand gold bars. The National Bank explained that from May 31, 2017 to October 25, 2019, banks sold 13.2 thousand measured ingots with a total weight of 523.3 kg.

Exchange offices sold 4.2 thousand ingots weighing 118.1 kg. Thus, in general, Kazakhstanis purchased almost...

11.11.2019

Precious metals lose ground, observers lack market-oriented arguments

Gold prices fell on Friday and were on track for their biggest weekly decline in almost 3 years as a stronger dollar weighed, while optimism around U.S.-China trade talks dented bullion’s safe-haven appeal.

Spot gold was down 0.6% at $1,458.52 per ounce at 1309 GMT, poised for its biggest weekly drop...

Gold prices fell on Friday and were on track for their biggest weekly decline in almost 3 years as a stronger dollar weighed, while optimism around U.S.-China trade talks dented bullion’s safe-haven appeal.

Spot gold was down 0.6% at $1,458.52 per ounce at 1309 GMT, poised for its biggest weekly drop...

11.11.2019

Expensive US dollar, stagnant sales pull base metal prices down

Aluminium prices slipped from a near two-month peak on Friday  as analysts warned that producers were on the sidelines ready to hedge.

The price of aluminium had rallied 6% over the past two weeks, largely fuelled by bearish investors buying back their short positions.

But the global market is expected to flip...

Aluminium prices slipped from a near two-month peak on Friday  as analysts warned that producers were on the sidelines ready to hedge.

The price of aluminium had rallied 6% over the past two weeks, largely fuelled by bearish investors buying back their short positions.

But the global market is expected to flip...

08.11.2019

Russian Copper Company starts copper production at Kundyzdy deposit in Kazakhstan

Kazgeorud has begun commercial production of copper and copper-zinc ore at the Kundyzdy deposit in Aktobe region. This was announced on November 6 during the XVI interregional forum of cooperation between Russia and Kazakhstan by Natalia Gonchar, Vice President for environmental. The design capacity of the quarry is designed to...

Kazgeorud has begun commercial production of copper and copper-zinc ore at the Kundyzdy deposit in Aktobe region. This was announced on November 6 during the XVI interregional forum of cooperation between Russia and Kazakhstan by Natalia Gonchar, Vice President for environmental. The design capacity of the quarry is designed to...

08.11.2019

Eurasian Resources Group presents innovations at the interregional forum in Russia

How can one become a partner in the implementation of new technologies, who can become a partner of the company, Anton Roshchin, Director of the R&D Department of ERG says. ERG is open to generating new ideas and optimal solutions for managing production processes.

There are two departments in the group...

How can one become a partner in the implementation of new technologies, who can become a partner of the company, Anton Roshchin, Director of the R&D Department of ERG says. ERG is open to generating new ideas and optimal solutions for managing production processes.

There are two departments in the group...


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