Chile appointed Mr Robert Mayne as Antofagasta executive to run ENAMI
SP Global reported that Mr Robert Mayne-Nicholls, an experienced mine engineer who has run one of the world’s largest copper mines, has been appointed the new executive vice president of Chile’s state mining development corporation ENAMI. Chile’s president, Sebastian Pinera, made the announcement at a ceremony to launch the modernization of the company’s Paipote copper […]
Gold steady as rising risk appetite offsets Fed pause views
Jan 21 (Reuters) – Gold prices held steady on Monday as expectations that the U.S. Federal Reserve will pause its multi-year interest rate hike cycle were offset by a recovery in investor appetite for risk. Spot gold was mostly unchanged at $1,281.41 per ounce by 0610 GMT, while U.S. gold futures fell 0.1 percent to […]
Devisen: Eurokurs legt etwas zu
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Montag leicht gestiegen. Am Morgen wurde die Gemeinschaftswährung bei 1,1378 US-Dollar gehandelt und damit etwas höher als am Freitagabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt am Freitagnachmittag auf 1,1402 (Donnerstag: 1,1396) Dollar festgesetzt. Am Devisenmarkt bleibt die politische Entwicklung in Großbritannien ein bestimmendes Thema. […]
LIVE FUTURES REPORT 21/01: US-China trade optimism continues to buoy SHFE base metals prices
Base metals prices, barring those for tin, on the Shanghai Futures Exchange were up during Asian morning trading on Monday January 21, with residual optimism over trade talks between China and the United States helping to offset some weak Chinese data earlier this morning. Market sentiment had turned more bullish late last week following news […]
China Dec aluminium production surges to record monthly high
BEIJING, Jan 21 (Reuters) – China’s primary aluminium output defied low prices to rise for a second straight month to a record high in December as falling alumina costs boosted margins, while 2018 annual output was also a record, official data showed on Monday. The world’s top producer churned out more than 3 million tonnes […]
China iron ore, steel hit multi-month highs on trade hopes
MANILA, Jan 18 (Reuters) – Prices of steel and steel-making raw materials in China rose on Friday, with iron ore hitting its highest in more than 10 months and rebar posting the best week in more than a month, amid optimism over progress in the U.S.-Sino trade talks. U.S. Treasury Secretary Steven Mnuchin discussed lifting […]
Kupfer steigt auf mehr als 6.000 USD
(shareribs.com) London 18.01.2019 – An der London Metal Exchange kommt es am Freitag zu neuerlichen Kursgewinnen bei Kupfer Das rote Metall klettert über die Marke von 6.000 USD. Auch Aluminium und Nickel klettern. Die – mittlerweile dementierten – Berichte zu Überlegungen des US-Finanzministeriums, China bei den Importzöllen entgegen zu kommen, stützt die Metallpreise in London. Das […]
Three named to En+ voting trust as Deripaska looks to reduce stakes
MOSCOW, Jan 18 (Reuters) – Russian conglomerate En+ Group on Friday named three Americans who will form a voting trust to help Oleg Deripaska reduce his stake in the company in exchange for a waiver from U.S. sanctions. Deripaska has agreed to reduce his stake in London-listed En+ to 44.95 percent from 70 percent and […]
Mali’s gold production up 23 pct in 2018
BAMAKO, Jan 18 (Reuters) – * Mali’s industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday. * In March, the mines ministry said output would rise in 2018 primarily due to the start of production at B2Gold’s Fekola and Hummingbird Resources’ Komana mines. * […]
Base metals gain on hopes U.S.-China trade dispute could thaw
LONDON, Jan 18 (Reuters) – LME copper and zinc hit one-month highs on Friday as base metals gained on signs the trade dispute between the United States and top metals consumer China could be easing. The Wall Street Journal reported on Thursday that U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed […]
