Metals and Minerals

21.01.2022

Polymetal receives mineral resource estimate for Pavlov asset

Precious metals mining company Polymetal International, with operations in Russia and Kazakhstan, said on Thursday that an initial JORC-compliant mineral resource estimate for its Pavlov asset in Russia pointed to as much as 700,000 ounces of gold being on the property.

Polymetal stated an initial open-pit mineral resource estimate on the...

Precious metals mining company Polymetal International, with operations in Russia and Kazakhstan, said on Thursday that an initial JORC-compliant mineral resource estimate for its Pavlov asset in Russia pointed to as much as 700,000 ounces of gold being on the property.

Polymetal stated an initial open-pit mineral resource estimate on the...

21.01.2022

Bullion flat with peers on the rise

Gold prices held near two-month highs on Thursday as a retreat in U.S. Treasury yields and the dollar sparked investor interest, with concerns surrounding inflation and geopolitics lending support.

Spot gold eased 0.2% to $1,836.80 per ounce by 1102 GMT, after scaling its highest since Nov. 22 at $1,843.94. U.S. gold...

Gold prices held near two-month highs on Thursday as a retreat in U.S. Treasury yields and the dollar sparked investor interest, with concerns surrounding inflation and geopolitics lending support.

Spot gold eased 0.2% to $1,836.80 per ounce by 1102 GMT, after scaling its highest since Nov. 22 at $1,843.94. U.S. gold...

21.01.2022

Non-ferrous metals remain on winning end with supplies further down

Low inventories propelled prices for nickel to 11-1/2 year highs on Thursday, with future demand expected to rocket thanks to higher electric vehicle battery consumption.

Benchmark three-month nickel on the London Metal Exchange (LME) climbed 1.1% to $23,375 per tonne, its highest since August 2011.

The most-traded February nickel contract on the Shanghai...

Low inventories propelled prices for nickel to 11-1/2 year highs on Thursday, with future demand expected to rocket thanks to higher electric vehicle battery consumption.

Benchmark three-month nickel on the London Metal Exchange (LME) climbed 1.1% to $23,375 per tonne, its highest since August 2011.

The most-traded February nickel contract on the Shanghai...

20.01.2022

Salaries of metallurgists and miners in Kazakhstan change

One of the largest mining and metallurgical companies in the country, Kazzinc, responded to a request from journalists to raise wages. Not only will salaries increase at enterprises, but the very system of remuneration will change.

“The trade union committee of the company came to us last year with the initiative...

One of the largest mining and metallurgical companies in the country, Kazzinc, responded to a request from journalists to raise wages. Not only will salaries increase at enterprises, but the very system of remuneration will change.

“The trade union committee of the company came to us last year with the initiative...

20.01.2022

Kazakhstan accumulates over 400 tonnes of gold

Gold reserves of Kazakhstan exceeded 407 tonnes. According to the World Gold Council, the volume of the precious metal as of January 1, 2022 amounted to 407.2 tonnes. A month earlier, they reached 402.9 tonnes.

Kazakhstan ranks 12th in terms of reserves (excluding the IMF and ECB) and is located between...

Gold reserves of Kazakhstan exceeded 407 tonnes. According to the World Gold Council, the volume of the precious metal as of January 1, 2022 amounted to 407.2 tonnes. A month earlier, they reached 402.9 tonnes.

Kazakhstan ranks 12th in terms of reserves (excluding the IMF and ECB) and is located between...


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