Metals and Minerals

17.09.2021

New York court denies Centerra Gold claims against Kyrgyzstan to pay sanctions and fines of $1 million per day

As reported by the Kumtor Gold Company, on September 15, 2021, a hearing was held in the New York City court to consider the petitions of Centerra Gold, including the imposition of sanctions on Kyrgyzstan in the amount of USD1 million per day.

The court rejected Centerra Gold's arguments and motion...

As reported by the Kumtor Gold Company, on September 15, 2021, a hearing was held in the New York City court to consider the petitions of Centerra Gold, including the imposition of sanctions on Kyrgyzstan in the amount of USD1 million per day.

The court rejected Centerra Gold's arguments and motion...

17.09.2021

State Anti-Monopoly Agency tells about prices for coal during heating season

According to the order of the Cabinet of Ministers, coal prices will remain at the same level. The director of the State Agency for Antimonopoly Regulation under the Ministry of Economy and Finance Keneshbai Taylakov told about this on the air of Birinchi radio.

The director of the State Agency explained...

According to the order of the Cabinet of Ministers, coal prices will remain at the same level. The director of the State Agency for Antimonopoly Regulation under the Ministry of Economy and Finance Keneshbai Taylakov told about this on the air of Birinchi radio.

The director of the State Agency explained...

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...


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