Metals and Minerals

12.07.2024

Kyrgyzstan increases gold exports by 40% in 5 months

In 5 months of 2024, Kyrgyzstan increased gold exports by 40%. Such conclusions can be drawn based on data from the National Statistical Committee.

In total, in January-May, Kyrgyzstan exported 4.2 tonnes of gold worth $295 million. This is 40% more than in the same period of 2023, when 3 tonnes...

In 5 months of 2024, Kyrgyzstan increased gold exports by 40%. Such conclusions can be drawn based on data from the National Statistical Committee.

In total, in January-May, Kyrgyzstan exported 4.2 tonnes of gold worth $295 million. This is 40% more than in the same period of 2023, when 3 tonnes...

12.07.2024

One of largest producers of precious metals intends to cooperate with Kyrgyzstan

One of the world’s largest producers of precious metals and products made from them, Krastsvetmet, is ready to participate in the study of mineral resources in Kyrgyzstan and assessment of their economic potential. Governor of the Krasnoyarsk Krai Mikhail Kotyukov announced at the XI Russian-Kyrgyz Interregional Conference.

At least 100 percent...

One of the world’s largest producers of precious metals and products made from them, Krastsvetmet, is ready to participate in the study of mineral resources in Kyrgyzstan and assessment of their economic potential. Governor of the Krasnoyarsk Krai Mikhail Kotyukov announced at the XI Russian-Kyrgyz Interregional Conference.

At least 100 percent...

12.07.2024

Bullion takes $2,400/oz threshold on negative US data

Gold prices jumped more than 1% on Thursday to break above the $2,400 per ounce level after data showed U.S. consumer prices unexpectedly slipped last month, boosting bets for interest rate cuts by the Federal Reserve.

Spot gold was up 1.5% at $2,406.99 per ounce by 05:56 a.m. ET (1256 GMT),...

Gold prices jumped more than 1% on Thursday to break above the $2,400 per ounce level after data showed U.S. consumer prices unexpectedly slipped last month, boosting bets for interest rate cuts by the Federal Reserve.

Spot gold was up 1.5% at $2,406.99 per ounce by 05:56 a.m. ET (1256 GMT),...

12.07.2024

Iron ore prices hover amid market uncertainty

Iron ore continued a volatile week of trading, with prices struggling to find direction amid mixed market signals ahead of next week’s big political gathering in Beijing.

The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations including a 4.1% slump on Wednesday. Prices are...

Iron ore continued a volatile week of trading, with prices struggling to find direction amid mixed market signals ahead of next week’s big political gathering in Beijing.

The steelmaking material rallied as much as 3.6% in Singapore on Thursday, following days of fluctuations including a 4.1% slump on Wednesday. Prices are...

12.07.2024

Copper, nickel, aluminium lose ground in piled up inventories

Copper prices fell in London on Thursday as rising inventories signalled an oversupplied market, caused by strong production and fragile demand recovery in China.

Three-month copper on the London Metal Exchange (LME) was down 0.2% at $9,882.50 per metric ton by 0648 GMT, and the most-traded August copper contract on the...

Copper prices fell in London on Thursday as rising inventories signalled an oversupplied market, caused by strong production and fragile demand recovery in China.

Three-month copper on the London Metal Exchange (LME) was down 0.2% at $9,882.50 per metric ton by 0648 GMT, and the most-traded August copper contract on the...


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