Metals and Minerals

24.06.2022

Kazakhstan hopes to find new deposits of rare earth metals

Kazakhstan plans to explore 12 new sites for the content of rare earth metals. According to the Minister of Ecology, Geology and Natural Resources Serikkali Brekeshev, this year, work on geological exploration of the subsoil at the expense of the state budget is being carried out at 103 sites. Including...

Kazakhstan plans to explore 12 new sites for the content of rare earth metals. According to the Minister of Ecology, Geology and Natural Resources Serikkali Brekeshev, this year, work on geological exploration of the subsoil at the expense of the state budget is being carried out at 103 sites. Including...

24.06.2022

Polymetal confirms gold production forecast for 2022

Sales of gold bars and concentrate produced in Kazakhstan continue as usual. This was stated by the international company Polymetal, which is mining in Kazakhstan at two projects: the Varvara hub in the Kostanay region, Kyzyl in the Abay region.

The company's enterprises, both Kazakhstani and Russian, continue to work as...

Sales of gold bars and concentrate produced in Kazakhstan continue as usual. This was stated by the international company Polymetal, which is mining in Kazakhstan at two projects: the Varvara hub in the Kostanay region, Kyzyl in the Abay region.

The company's enterprises, both Kazakhstani and Russian, continue to work as...

24.06.2022

Arras drills 0.59% CuEq over 1,120.4 metres at Beskauga, Kazakhstan

Arras Minerals Corp. reported assay results from holes Bg21003 and Bg21004 from the continuing drill program at the Beskauga copper-gold deposit and surrounding area.

Hole Bg21004 returned a significant intersection of 1120.4 metres of mineralization grading 0.59% copper-equivalent (CuEq) or 0.73 g/t gold-equivalent (AuEq) (0.39 g/t gold, 0.25% copper, 1.31 g/t...

Arras Minerals Corp. reported assay results from holes Bg21003 and Bg21004 from the continuing drill program at the Beskauga copper-gold deposit and surrounding area.

Hole Bg21004 returned a significant intersection of 1120.4 metres of mineralization grading 0.59% copper-equivalent (CuEq) or 0.73 g/t gold-equivalent (AuEq) (0.39 g/t gold, 0.25% copper, 1.31 g/t...

24.06.2022

Bullion takes step back on US interest rate hike option

Gold prices inched lower on Thursday, pressured by expectations of aggressive interest rate hikes after the U.S. Federal Reserve chief doubled down on the central bank's fight against inflation.

Spot gold was down 0.2% at $1,832.91 per ounce by 0239 GMT. U.S. gold futures fell 0.2% to $1,834.30.

"With (Fed Chair Jerome)...

Gold prices inched lower on Thursday, pressured by expectations of aggressive interest rate hikes after the U.S. Federal Reserve chief doubled down on the central bank's fight against inflation.

Spot gold was down 0.2% at $1,832.91 per ounce by 0239 GMT. U.S. gold futures fell 0.2% to $1,834.30.

"With (Fed Chair Jerome)...

24.06.2022

Aluminium up as other base metals depreciate

Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals.

Benchmark copper on the London Metal Exchange (LME) was down 2% at $8,595 a tonne in official trading after touching its lowest...

Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals.

Benchmark copper on the London Metal Exchange (LME) was down 2% at $8,595 a tonne in official trading after touching its lowest...


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