Metals and Minerals

27.01.2021

Bullion retreats, though upheld by continuing greenback downfall

Gold prices edged lower on Tuesday on concerns over a fresh U.S. coronavirus aid package, while a slightly weaker dollar and subdued treasury yields limited losses and investors kept a close eye on the Federal Reserve's policy meeting.

Spot gold was down 0.1% to $1,852.31 per ounce at 11:00 a.m. EST (1600...

Gold prices edged lower on Tuesday on concerns over a fresh U.S. coronavirus aid package, while a slightly weaker dollar and subdued treasury yields limited losses and investors kept a close eye on the Federal Reserve's policy meeting.

Spot gold was down 0.1% to $1,852.31 per ounce at 11:00 a.m. EST (1600...

27.01.2021

Nickel, lead, aluminium thrive as other base metals retreat

Copper edged lower for a fourth day on Tuesday as the slow progress of U.S. stimulus measures and concerns about demand from top consumer China sucked momentum from a rally that lifted prices to eight-year highs earlier this month.

China, whose copper consumption has driven the rally, is gearing up for...

Copper edged lower for a fourth day on Tuesday as the slow progress of U.S. stimulus measures and concerns about demand from top consumer China sucked momentum from a rally that lifted prices to eight-year highs earlier this month.

China, whose copper consumption has driven the rally, is gearing up for...

26.01.2021

Franco-Kazakh Katco JV has 128 positive Covid-19 cases

The Katco joint venture (JV) between Kazatomprom and France’s Orano Mining has suspended noncore site activities in Kazakhstan, after 128 people tested positive for Covid-19.

In a statement on Friday, Kazatomprom said Katco’s sites had been placed under quarantine on orders of health authorities.

However, the JV would continue key operations and...

The Katco joint venture (JV) between Kazatomprom and France’s Orano Mining has suspended noncore site activities in Kazakhstan, after 128 people tested positive for Covid-19.

In a statement on Friday, Kazatomprom said Katco’s sites had been placed under quarantine on orders of health authorities.

However, the JV would continue key operations and...

26.01.2021

Financiers advised to invest in precious metals

Professional participants advise investing in precious metals amid easing monetary policy by central banks and an emphasis on environmental technology. Oksana Lukicheva, a commodity analyst at Otkritie Broker, expects 2021 to be positive for the precious metals markets, especially if stimulus programs from new US President Joe Biden and the...

Professional participants advise investing in precious metals amid easing monetary policy by central banks and an emphasis on environmental technology. Oksana Lukicheva, a commodity analyst at Otkritie Broker, expects 2021 to be positive for the precious metals markets, especially if stimulus programs from new US President Joe Biden and the...

26.01.2021

Russia ramps up gold production despite pandemic

Gold mining companies of Russia’s Far Eastern Kamchatka Peninsula produced more than 6.8 tons of the yellow metal last year, which is an almost eight percent increase year-on-year.

According to Elena Kasyanyuk, deputy head of the subsoil use and mining department of the regional ministry of natural resources and ecology, the...

Gold mining companies of Russia’s Far Eastern Kamchatka Peninsula produced more than 6.8 tons of the yellow metal last year, which is an almost eight percent increase year-on-year.

According to Elena Kasyanyuk, deputy head of the subsoil use and mining department of the regional ministry of natural resources and ecology, the...


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