Metals and Minerals

21.09.2018

Kazakhs mull second steel, ferroalloy plant

The construction of metallurgical plants for the production of high-alloy, high-strength steel is necessary in Kazakhstan, the chairman of the board of the Kazakhstan Engineering Union, Meyram Pshembayev said at a press conference held in the Government’s residence.

"The mechanical engineering industry is the main consumer of metallurgical products. Today, we...

The construction of metallurgical plants for the production of high-alloy, high-strength steel is necessary in Kazakhstan, the chairman of the board of the Kazakhstan Engineering Union, Meyram Pshembayev said at a press conference held in the Government’s residence.

"The mechanical engineering industry is the main consumer of metallurgical products. Today, we...

21.09.2018

Kazakhstan sees gold output 11.6% up in the first 8 months of 2018

In the period from January-August 2018, Kazakhstan's production of raw gold and semi-processed gold, or in powder form, increased by 11.6% year-on-year (y/y) and amounted to 62,251 kg, according to the Statistics Committee of the Kazakh Ministry of National Economy.

In the accounting period, the production of raw silver and semi-processed...

In the period from January-August 2018, Kazakhstan's production of raw gold and semi-processed gold, or in powder form, increased by 11.6% year-on-year (y/y) and amounted to 62,251 kg, according to the Statistics Committee of the Kazakh Ministry of National Economy.

In the accounting period, the production of raw silver and semi-processed...

21.09.2018

Gold back on track as hedge tool as US dollar slips further

Gold hit its highest in nearly a week on September 20 as the dollar slumped, its safe-haven appeal lessened by fading fears over Sino-U.S. trade tensions and as investors opted for assets perceived as more risky, like stocks.

The dollar hit a nine-week low against a basket of major currencies, while...

Gold hit its highest in nearly a week on September 20 as the dollar slumped, its safe-haven appeal lessened by fading fears over Sino-U.S. trade tensions and as investors opted for assets perceived as more risky, like stocks.

The dollar hit a nine-week low against a basket of major currencies, while...

21.09.2018

Base metals continue to bounce back on better monetary conditions

London zinc rose for a fourth session on September 20 on the back of relief that the latest tariffs in the Sino-U.S. trade conflict were set at lower levels than some had feared and supported by a shortage of the metal in top consumer China.

“The base metals sector was broadly...

London zinc rose for a fourth session on September 20 on the back of relief that the latest tariffs in the Sino-U.S. trade conflict were set at lower levels than some had feared and supported by a shortage of the metal in top consumer China.

“The base metals sector was broadly...

20.09.2018

Gold continues its comeback on monetary stabilisation

Bullion bounced on September 19 as the dollar weakened, indicating investors are starting to worry about the impact of the U.S.-China trade war on the U.S. economy, luring some buyers back into gold investments.

Spot gold climbed 0.6 percent to $1,204.92 an ounce by 1235 GMT after going into the red...

Bullion bounced on September 19 as the dollar weakened, indicating investors are starting to worry about the impact of the U.S.-China trade war on the U.S. economy, luring some buyers back into gold investments.

Spot gold climbed 0.6 percent to $1,204.92 an ounce by 1235 GMT after going into the red...


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