Metals and Minerals

01.12.2023

Gold mine of Uzbekistan on lifelong path

The Navoi State Mining and Technology University hosted the IV international conference “Comprehensive innovative development of the Zarafshan region: achievements, problems and prospects”, dedicated to the 65th anniversary of the plant. This conference was attended by scientists from leading universities and representatives of foreign companies from more than 10 countries,...

The Navoi State Mining and Technology University hosted the IV international conference “Comprehensive innovative development of the Zarafshan region: achievements, problems and prospects”, dedicated to the 65th anniversary of the plant. This conference was attended by scientists from leading universities and representatives of foreign companies from more than 10 countries,...

01.12.2023

Bullion depreciates, stays above $2,000/oz mark

Gold prices edged lower on Wednesday due to a slight uptick in the dollar, although hopes that the U.S. Federal Reserve would likely cut interest rates by the first half of next year kept bullion near a seven-month peak.

Spot gold fell 0.1% to $2,039.69 per ounce by 1215 GMT, after...

Gold prices edged lower on Wednesday due to a slight uptick in the dollar, although hopes that the U.S. Federal Reserve would likely cut interest rates by the first half of next year kept bullion near a seven-month peak.

Spot gold fell 0.1% to $2,039.69 per ounce by 1215 GMT, after...

01.12.2023

Bears continue to rule ferrous, coal benchmarks

Dalian iron ore futures on Wednesday extended declines for a fifth session, with market dynamics responding to continuous government intervention and discouraging manufacturing data.

The most-traded January iron ore on China's Dalian Commodity Exchange was down 0.5% at 955.5 yuan ($134.17) per metric ton at closing.

Meanwhile, the Singapore Exchange's benchmark January iron ore was up...

Dalian iron ore futures on Wednesday extended declines for a fifth session, with market dynamics responding to continuous government intervention and discouraging manufacturing data.

The most-traded January iron ore on China's Dalian Commodity Exchange was down 0.5% at 955.5 yuan ($134.17) per metric ton at closing.

Meanwhile, the Singapore Exchange's benchmark January iron ore was up...

01.12.2023

Nickel, tin surge amid mixed indicators for other base metals

Nickel prices surged on Wednesday, with the Shanghai contract jumping the most in nearly five months, as short position holders exited amid potential changes in pricing mechanism in top supplier Indonesia.

Three-month nickel on the London Metal Exchange rose 0.9% to $16,915 per metric ton by 0705 GMT, having hit its highest...

Nickel prices surged on Wednesday, with the Shanghai contract jumping the most in nearly five months, as short position holders exited amid potential changes in pricing mechanism in top supplier Indonesia.

Three-month nickel on the London Metal Exchange rose 0.9% to $16,915 per metric ton by 0705 GMT, having hit its highest...

01.12.2023

Bullion edges down as US dollar consolidates

Gold prices eased on Thursday as the dollar staged a rebound ahead of U.S. inflation data, although bullion was heading for its second monthly rise boosted by hopes that the Federal Reserve would cut interest rates soon.

Spot gold eased 0.3% to $2,038.59 per ounce by 1207 GMT. Bullion is up...

Gold prices eased on Thursday as the dollar staged a rebound ahead of U.S. inflation data, although bullion was heading for its second monthly rise boosted by hopes that the Federal Reserve would cut interest rates soon.

Spot gold eased 0.3% to $2,038.59 per ounce by 1207 GMT. Bullion is up...


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