Copper gains as dollar rally pauses
LONDON, Feb 5 (Reuters) – Copper rose on Monday as the dollar paused after rebounding last week thanks to strong U.S. jobs data, while nickel climbed after posting its largest daily loss in two months in the previous session. U.S. payrolls on Friday showed wages growing at their fastest pace in more than eight years, […]
Gold claws back lost ground after Friday’s slide
LONDON, Feb 5 (Reuters) – Gold edged up on Monday, clawing back some lost ground after posting its biggest one-day loss in two months in the previous session as a softer tone to the dollar took some pressure off the metal. Gold fell 1.2 percent on Friday after stronger than expected U.S. payrolls data shored […]
A third of S.Africa miners say no new investments in 2018
CAPE TOWN, Feb 5 (Reuters) – A third of South Africa’s largest mining companies are not considering any new investments in the sector in 2018 while one of them may even decide to pull out of the country, according to an industry survey published by the Chamber of Mines on Monday.The mining sector in the […]
Devisen: Eurokurs kaum verändert
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Montag wenig verändert in die neue Woche gestartet. Am Morgen wurde die Gemeinschaftswährung bei 1,2453 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Freitagabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt am Freitagnachmittag auf 1,2492 Dollar festgesetzt. Damit hat sich der Euro nach […]
Rusal says aluminium production up 0.6 pct in 2017
HONG KONG, Feb 5 (Reuters) – Russian aluminium giant United Company Rusal Plc said on Monday its 2017 aluminium production increased 0.6 percent from a year ago to 3.707 million tonnes. Hong Kong-listed Rusal said its aluminium sales rose 3.6 percent year on year in 2017 to 3.955 million tonnes and the average realized price […]
London nickel steadies near week lows, at risk of further losses
MELBOURNE, Feb 5 (Reuters) – London nickel steadied on Monday after posting its largest daily loss in two months in the session before, but prices were seen tailing off ahead of the Lunar New Year next week. „Aside from the strengthening dollar, we think concerns about China’s weak demand (have) also weighed on the nickel […]
Devisen: Eurokurs gibt nach starken Vortagesgewinnen leicht nach
FRANKFURT (dpa-AFX) – Nach deutlichen Vortagesgewinnen hat der Kurs des Euro am Freitag leicht nachgegeben. Im Mittagshandel wurde die europäische Gemeinschaftswährung mit 1,2495 US-Dollar gehandelt. Am Morgen hatte er noch zeitweise über der Marke von 1,25 Dollar notiert. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt am Donnerstagnachmittag auf 1,2459 Dollar festgesetzt. Am Vortag hatte […]
Glencore maintains zinc production guidance for 2018
(MB) Glencore has kept its zinc production guidance unchanged in financial year 2018 at around 1.09 million tonnes, matching actual production in 2017, despite the scheduled restart of its 100,000 tonne per year Lady Loretta mine in the first half of this year. In December 2017, Glencore announced it will restart its mothballed Lady Loretta mine […]
GroKo einig bei Kreislaufwirtschaft und Ressourcenschutz
(Euwid) Die Verhandlungen um die große Koalition zwischen CDU/CSU und SPD kommen zumindest in Fragen der Kreislaufwirtschaft und des Ressourcenschutzes voran. Mit Stand Dienstagabend habe man sich auf eine „behutsame Weiterentwicklung des erfolgreichen deutschen Modells der Kreislaufwirtschaft“ verständigt, wobei anspruchsvolle Recyclingquoten, Wettbewerb und Produktverantwortung auch künftig die Leitplanken sein sollen. Abfallvermeidung und Recycling solle gestärkt, […]
Lead near 6-1/2 year peak as concentrate shortage bites
LONDON, Feb 2 (Reuters) – Lead prices eased on profit-taking and a firmer dollar, having hit 6-1/2 year highs earlier in the session on Friday after Chinese mines shut for the winter. Benchmark lead on the London Metal Exchange hit $2,685 per tonne, the strongest since July 29, 2011, before reversing. It fell 0.2 percent […]
