Metals and Minerals

23.09.2021

Magnitogorsk Metallurgy Combine presents high-strength steel for metalworking

Magnitogorsk Metallurgy Combine takes part in the 19th international exhibition-forum "Industrial Salon. Metalworking", held in Samara.

The event will take place from 22 to 24 September 2021. The topic of this large diversified exhibition project of the Volga region covers such areas as machine tool construction, metalworking equipment, materials for metalworking;...

Magnitogorsk Metallurgy Combine takes part in the 19th international exhibition-forum "Industrial Salon. Metalworking", held in Samara.

The event will take place from 22 to 24 September 2021. The topic of this large diversified exhibition project of the Volga region covers such areas as machine tool construction, metalworking equipment, materials for metalworking;...

23.09.2021

Bullion consolidates as other precious metals appreciate

Gold prices steadied on Wednesday as investors braced for the outcome of a U.S. Federal Reserve meeting and chief Jerome Powell’s remarks on reducing its massive support for the pandemic-hit economy.

Spot gold was little changed at $1,773.81 per ounce by 1110 GMT, while U.S. gold futures fell 0.2% to $1,774.90.

“The...

Gold prices steadied on Wednesday as investors braced for the outcome of a U.S. Federal Reserve meeting and chief Jerome Powell’s remarks on reducing its massive support for the pandemic-hit economy.

Spot gold was little changed at $1,773.81 per ounce by 1110 GMT, while U.S. gold futures fell 0.2% to $1,774.90.

“The...

23.09.2021

Copper leads base metal price surge on China relief

Copper prices shot up 3% on Wednesday on relief that China’s debt-burdened Evergrande would pay interest on a domestic bond, easing fears that the property giant’s troubles might hit the global economy.

Three-month copper on the London Metal Exchange had climbed 3.3% to $9,267 a tonne by 1430 GMT, reversing losses...

Copper prices shot up 3% on Wednesday on relief that China’s debt-burdened Evergrande would pay interest on a domestic bond, easing fears that the property giant’s troubles might hit the global economy.

Three-month copper on the London Metal Exchange had climbed 3.3% to $9,267 a tonne by 1430 GMT, reversing losses...

22.09.2021

Kazakhstan intends to completely abandon use of coal by 2026

In January-July 2021, coal mining companies of Kazakhstan received 62.8 million tonnes of coal, which is 0.5% less than in January-July 2020.

In the regional context, the largest production volume traditionally fell on the Pavlodar region at 37.2 million tonnes, minus 2.3%. The three leading regions are also the Karaganda region...

In January-July 2021, coal mining companies of Kazakhstan received 62.8 million tonnes of coal, which is 0.5% less than in January-July 2020.

In the regional context, the largest production volume traditionally fell on the Pavlodar region at 37.2 million tonnes, minus 2.3%. The three leading regions are also the Karaganda region...

22.09.2021

Kazakhstan mines more minerals

In Kazakhstan, more gold and copper ores began to be mined, but less oil and natural gas. According to the Bureau of National Statistics on mining, in January-July 2021, iron ore was mined in Kazakhstan in the amount of 42.7 million tonnes, which is 3.8% more than in the same...

In Kazakhstan, more gold and copper ores began to be mined, but less oil and natural gas. According to the Bureau of National Statistics on mining, in January-July 2021, iron ore was mined in Kazakhstan in the amount of 42.7 million tonnes, which is 3.8% more than in the same...


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