Metals and Minerals

03.07.2020

Rostec participates in consortium to develop palladium, platinum deposit

A consortium, which includes state-run Rostec, is working on papers to begin development of the Fedorova Tundra deposit of palladium and platinum in the Murmansk Region, Governor Andrei Chibis told local legislators in the report on the government’s performance in 2019.

Fedorova Tundra is one of Russia’s biggest deposits of palladium...

A consortium, which includes state-run Rostec, is working on papers to begin development of the Fedorova Tundra deposit of palladium and platinum in the Murmansk Region, Governor Andrei Chibis told local legislators in the report on the government’s performance in 2019.

Fedorova Tundra is one of Russia’s biggest deposits of palladium...

03.07.2020

Bullion halts decline, stays close to peak as bulls display market ambiguity

Gold steadied on Thursday below the previous day’s near eight-year peak as investor appetite for higher-risk assets such as equities improved following encouraging coronavirus vaccine trials, and ahead of U.S. jobs data later in the day.

Spot gold was little changed at $1,772.33 per ounce by 1131 GMT, easing from the...

Gold steadied on Thursday below the previous day’s near eight-year peak as investor appetite for higher-risk assets such as equities improved following encouraging coronavirus vaccine trials, and ahead of U.S. jobs data later in the day.

Spot gold was little changed at $1,772.33 per ounce by 1131 GMT, easing from the...

03.07.2020

Supply trouble in far-off Chile pushes copper prices up aidst overall base metals gains

Copper gained for a sixth straight session on Thursday due to supply disruptions in the world’s largest producer Chile and more signs of recovery in large economies.

Three-month copper on the London Metal Exchange was up 0.5% to $6,090 a tonne at 1138 GMT, after touching its strongest since Jan. 22.

The...

Copper gained for a sixth straight session on Thursday due to supply disruptions in the world’s largest producer Chile and more signs of recovery in large economies.

Three-month copper on the London Metal Exchange was up 0.5% to $6,090 a tonne at 1138 GMT, after touching its strongest since Jan. 22.

The...

02.07.2020

Bulls turning to paper leave bullion dropping

Gold prices dropped on Wednesday, having hit a near eight year-high earlier in the session, as equities gained on the back of upbeat manufacturing data and hopes of a potential COVID-19 vaccine. Spot gold fell about 1% to $1,763.69 per ounce by 1508 GMT, having earlier hit a peak since...

Gold prices dropped on Wednesday, having hit a near eight year-high earlier in the session, as equities gained on the back of upbeat manufacturing data and hopes of a potential COVID-19 vaccine. Spot gold fell about 1% to $1,763.69 per ounce by 1508 GMT, having earlier hit a peak since...

02.07.2020

Defying bugs and busters, base metal markets hold firm

Copper prices headed for their biggest quarterly rise in ten years on Tuesday, as resurgent Chinese demand, supply disruption and global stimulus fed a bounce from March’s four-year lows.

Benchmark copper on the London Metal Exchange (LME) was up 1 per cent at $US6,018.50 a tonne at 1600 GMT, after hitting...

Copper prices headed for their biggest quarterly rise in ten years on Tuesday, as resurgent Chinese demand, supply disruption and global stimulus fed a bounce from March’s four-year lows.

Benchmark copper on the London Metal Exchange (LME) was up 1 per cent at $US6,018.50 a tonne at 1600 GMT, after hitting...


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