Metals and Minerals

17.09.2021

Uzbek government approves construction of new gold mining combine

The Cabinet of Ministers agreed with the feasibility of building a new gold mining plant at the Pistali deposit (6-GMZ), having approved the feasibility study of this investment project presented by the NMMC.

The processing complex itself will be commissioned only in 2024, while it is known that of the $274.67...

The Cabinet of Ministers agreed with the feasibility of building a new gold mining plant at the Pistali deposit (6-GMZ), having approved the feasibility study of this investment project presented by the NMMC.

The processing complex itself will be commissioned only in 2024, while it is known that of the $274.67...

17.09.2021

Bullion depreciates on resurging gringo buck

Gold prices drifted lower on Thursday, with a firmer dollar and U.S bond yields diminishing its appeal, as investors turned their attention to next week’s U.S. Federal Reserve meeting for clues on when it will begin tapering its stimulus.

Spot gold was down 0.8% at $1,778.80 per ounce at 1108 GMT,...

Gold prices drifted lower on Thursday, with a firmer dollar and U.S bond yields diminishing its appeal, as investors turned their attention to next week’s U.S. Federal Reserve meeting for clues on when it will begin tapering its stimulus.

Spot gold was down 0.8% at $1,778.80 per ounce at 1108 GMT,...

17.09.2021

Non-ferrous base metal markets in London, Shanghai take different directions

Aluminium prices in Shanghai rose on Thursday as talks of fresh output curbs in top producer and consumer China fuelled concerns of disruption in supplies, although the gains were capped by planned release of metals from state reserves.

The most-traded October aluminium contract on the Shanghai Futures Exchange advanced 1.7% to 22,660 yuan ($3,521.75) a tonne at 0417...

Aluminium prices in Shanghai rose on Thursday as talks of fresh output curbs in top producer and consumer China fuelled concerns of disruption in supplies, although the gains were capped by planned release of metals from state reserves.

The most-traded October aluminium contract on the Shanghai Futures Exchange advanced 1.7% to 22,660 yuan ($3,521.75) a tonne at 0417...

16.09.2021

Bullion retains $1,800/oz level on swaggering monetary policies

Gold prices on Wednesday consolidated in a tight range near the key $1,800 level as softer U.S. inflation data fed uncertainty about the Federal Reserve’s tapering timeline.

Spot gold was down 0.1% at $1,801.97 per ounce by 1133 GMT, just below a one week peak of $1,808.50 hit on Tuesday, in...

Gold prices on Wednesday consolidated in a tight range near the key $1,800 level as softer U.S. inflation data fed uncertainty about the Federal Reserve’s tapering timeline.

Spot gold was down 0.1% at $1,801.97 per ounce by 1133 GMT, just below a one week peak of $1,808.50 hit on Tuesday, in...

16.09.2021

Copper prices surge as other base metals’ performances vary

Copper firmed on Wednesday as the dollar dipped on lower-than-expected U.S. inflation figures which softened expectations for stimulus to be tapered soon, while a string of weak data from top metals consumer China capped gains.

Three-month copper on the London Metal Exchange (LME) rose for the first time this week, climbing...

Copper firmed on Wednesday as the dollar dipped on lower-than-expected U.S. inflation figures which softened expectations for stimulus to be tapered soon, while a string of weak data from top metals consumer China capped gains.

Three-month copper on the London Metal Exchange (LME) rose for the first time this week, climbing...


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