Metals and Minerals

27.03.2020

Kazakhstan plans to produce 120 million tonnes of coal in 2020

In January-February 2020, the country's mining companies produced 18.3 million tonnes of coal. 10.4 million tonnes were shipped to energy-producing enterprises, 936.8 thousand tonnes of coal were shipped to industrial enterprises. 1.4 million tonnes were shipped for household needs and the population. The export of raw materials amounted to about...

In January-February 2020, the country's mining companies produced 18.3 million tonnes of coal. 10.4 million tonnes were shipped to energy-producing enterprises, 936.8 thousand tonnes of coal were shipped to industrial enterprises. 1.4 million tonnes were shipped for household needs and the population. The export of raw materials amounted to about...

27.03.2020

Bullion finds strength in retreating US dollar

Gold steadied on Thursday, paring losses from a 1% dip earlier in the session, as the dollar’s rally faded and some safe haven buying returned on expectations of a huge jump in U.S. jobless claims due to the coronavirus pandemic. Spot gold was little changed at $1,612.14 per ounce by...

Gold steadied on Thursday, paring losses from a 1% dip earlier in the session, as the dollar’s rally faded and some safe haven buying returned on expectations of a huge jump in U.S. jobless claims due to the coronavirus pandemic. Spot gold was little changed at $1,612.14 per ounce by...

27.03.2020

Copper, tin prices edge down with zinc, lead on the rise

Copper prices eased on Thursday as volatile markets and a hit to metals demand from the coronavirus pandemic eclipsed the boost from a massive U.S. stimulus package.

Benchmark copper on the London Metal Exchange (LME) had fallen 1.3% to $4,829 a tonne by 1210 GMT. The metal, used as a gauge...

Copper prices eased on Thursday as volatile markets and a hit to metals demand from the coronavirus pandemic eclipsed the boost from a massive U.S. stimulus package.

Benchmark copper on the London Metal Exchange (LME) had fallen 1.3% to $4,829 a tonne by 1210 GMT. The metal, used as a gauge...

26.03.2020

Uranium One more effective than Kazatomprom in average production costs

Uranium One maintains a very low average cost of uranium mining in Kazakhstan. It is even lower than that of the national uranium company, Kazatomprom, with which the Rosatom subsidiary develops Akdala deposits at 70% equity share, South Inkai at 70%, Karatau at 50%, Akbastau at 50%, Zarechnoye at 49.98%,...

Uranium One maintains a very low average cost of uranium mining in Kazakhstan. It is even lower than that of the national uranium company, Kazatomprom, with which the Rosatom subsidiary develops Akdala deposits at 70% equity share, South Inkai at 70%, Karatau at 50%, Akbastau at 50%, Zarechnoye at 49.98%,...

26.03.2020

Peel Hunt lowers Central Asia Metals price target to GBX 240

Central Asia Metals (LON:CAML) had its target price reduced by equities researchers at Peel Hunt from GBX 290 ($3.81) to GBX 240 ($3.16) in a report released on Monday, Stock Target Advisor reports. The firm presently has a “buy” rating on the mining company’s stock. Peel Hunt’s price objective suggests...

Central Asia Metals (LON:CAML) had its target price reduced by equities researchers at Peel Hunt from GBX 290 ($3.81) to GBX 240 ($3.16) in a report released on Monday, Stock Target Advisor reports. The firm presently has a “buy” rating on the mining company’s stock. Peel Hunt’s price objective suggests...


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