Metals and Minerals

22.05.2019

Kazakhstan boosts copper, zinc, steel, gold output

Kazakhstan's refined copper output rose 8.8 percent in the first four months of 2019 year-on-year, while refined zinc production fell 1.5 percent and crude steel output fell 0.2 percent, Statistics Committee data showed on Tuesday.

London-listed copper miner KAZ Minerals and Glencore's Kazzinc account for a large part of Kazakhstan's metals...

Kazakhstan's refined copper output rose 8.8 percent in the first four months of 2019 year-on-year, while refined zinc production fell 1.5 percent and crude steel output fell 0.2 percent, Statistics Committee data showed on Tuesday.

London-listed copper miner KAZ Minerals and Glencore's Kazzinc account for a large part of Kazakhstan's metals...

22.05.2019

Bullion cedes value as investors return to cash, paper

Gold prices slipped to a more than two-week low on Tuesday, as the dollar strengthened and improved risk appetite took the sheen off bullion ahead of the release of minutes from the U.S. Federal Reserve’s latest policy meeting.

Spot gold fell 0.4% to $1,272.56 an ounce at 1153 GMT, having touched...

Gold prices slipped to a more than two-week low on Tuesday, as the dollar strengthened and improved risk appetite took the sheen off bullion ahead of the release of minutes from the U.S. Federal Reserve’s latest policy meeting.

Spot gold fell 0.4% to $1,272.56 an ounce at 1153 GMT, having touched...

22.05.2019

Washington’s shift in Huawei approach pushes non-ferrous benchmarks up

Aluminium rose on Tuesday as a temporary easing of U.S. trade restrictions on China’s Huawei offset expected higher output from Norsk Hydro’s Alunorte refinery after it was given the green light to increase production.

Washington had previously added Huawei Technologies to an export blacklist that makes it nearly impossible for the...

Aluminium rose on Tuesday as a temporary easing of U.S. trade restrictions on China’s Huawei offset expected higher output from Norsk Hydro’s Alunorte refinery after it was given the green light to increase production.

Washington had previously added Huawei Technologies to an export blacklist that makes it nearly impossible for the...

21.05.2019

Kazatomprom sells 75% of shares in three non-core subsidiaries

The Kazatomprom national company has agreed to sell the consolidated stake of 75% in the authorised capital of Astana Solar, Kazakhstan Solar Silicon and KazSilicon to a consortium of strategic investors, the Interfax reported with reference to the company. The consortium included the Russian Yadran Solar, the French ECM Greentech...

The Kazatomprom national company has agreed to sell the consolidated stake of 75% in the authorised capital of Astana Solar, Kazakhstan Solar Silicon and KazSilicon to a consortium of strategic investors, the Interfax reported with reference to the company. The consortium included the Russian Yadran Solar, the French ECM Greentech...

21.05.2019

Bullion sticks to recovery as paper markets falter

Gold steadied on Monday after recovering slightly from a more than two-week low hit earlier in the session, as equity markets fell ahead of the U.S. Federal Reserve’s release of minutes from its last meeting.

Spot gold was unchanged at $1,276.94 per ounce as of 1:44 p.m. EDT (1744 GMT), having...

Gold steadied on Monday after recovering slightly from a more than two-week low hit earlier in the session, as equity markets fell ahead of the U.S. Federal Reserve’s release of minutes from its last meeting.

Spot gold was unchanged at $1,276.94 per ounce as of 1:44 p.m. EDT (1744 GMT), having...


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