Metals and Minerals

18.06.2021

Uzbekistan halts export of gold for 8 months

Uzbekistan has not exported gold for the past 8 months, the Ministry of Investment and Foreign Trade said. The department told what the export is made of today.

According to the State Statistics Committee, in January-April 2021, the country's foreign trade turnover reached $10,322.4 million, a decrease of $378.8 million or...

Uzbekistan has not exported gold for the past 8 months, the Ministry of Investment and Foreign Trade said. The department told what the export is made of today.

According to the State Statistics Committee, in January-April 2021, the country's foreign trade turnover reached $10,322.4 million, a decrease of $378.8 million or...

18.06.2021

Uzbek copper producer Almalyk MMC JSC rated B+

S&P Global Ratings today assigned ‘B+’ rating to the Uzbek copper producer Almalyk Mining and Metallurgy Combine.

S&P Global Ratings sees risks related to the execution of Almalyk’s large greenfield project Yoshlik as the main constraining factor for the rating.

The Yoshlik project, at a preliminary cost of Uzbekistan sum (UZS) 42,000...

S&P Global Ratings today assigned ‘B+’ rating to the Uzbek copper producer Almalyk Mining and Metallurgy Combine.

S&P Global Ratings sees risks related to the execution of Almalyk’s large greenfield project Yoshlik as the main constraining factor for the rating.

The Yoshlik project, at a preliminary cost of Uzbekistan sum (UZS) 42,000...

18.06.2021

Bullion bites dust on US Fed hawkish turn

Gold slipped below the $1,800 level on Thursday, after the Federal Reserve signalled earlier-than-expected interest rate increases.

Spot gold fell 0.8% to $1,797.25 per ounce by 1124 GMT, having touched its lowest since May 6 at $1,794.19.

U.S. gold futures fell 3.3% to $1,799.80 per ounce.

A majority of 11 Fed officials projected...

Gold slipped below the $1,800 level on Thursday, after the Federal Reserve signalled earlier-than-expected interest rate increases.

Spot gold fell 0.8% to $1,797.25 per ounce by 1124 GMT, having touched its lowest since May 6 at $1,794.19.

U.S. gold futures fell 3.3% to $1,799.80 per ounce.

A majority of 11 Fed officials projected...

17.06.2021

Silver, palladium up as bullion holds position

Gold prices traded in a tight range on Wednesday as the possibility that the Federal Reserve may hint at an early tapering of its bond-buying support for the U.S. economy set a cautious tone in the market.

Spot gold was little changed at $1,860.21 per ounce at 10:01 a.m. EDT (1401...

Gold prices traded in a tight range on Wednesday as the possibility that the Federal Reserve may hint at an early tapering of its bond-buying support for the U.S. economy set a cautious tone in the market.

Spot gold was little changed at $1,860.21 per ounce at 10:01 a.m. EDT (1401...

17.06.2021

Non-ferrous base metals continue downward spiral on China sell-out concerns

Copper prices extended their downturn on Wednesday, touching the lowest in over seven weeks after top metals consumer China confirmed rumours it would liquidate some of its stockpiles.

Weak economic data from China, which accounts for about half of global copper demand, added pressure to the market as factory output and...

Copper prices extended their downturn on Wednesday, touching the lowest in over seven weeks after top metals consumer China confirmed rumours it would liquidate some of its stockpiles.

Weak economic data from China, which accounts for about half of global copper demand, added pressure to the market as factory output and...


News 1 - 5 of 2230
First | Prev. | 1 2 3 4 5 | Next | Last