Nornickel new mining plant to launch modern dispatch service before yearend
(TASS) TASS reported that a modern dispatch management system will begin working at the Bystrinsky mining and processing plant, which Nornickel (the Norilsk Nickel Company) built in Transbaikalia’s south-east and opened in 2017. Bystrinskoye Mining Company’s Press Secretary Konstantin Veresov told TASS that „All pre-commissioning works to develop the subsystem’s basic functions have been completed, […]
Devisen: Euro gibt etwas nach
FRANKFURT (dpa-AFX) – Der Euro hat am Dienstag im frühen Handel etwas nachgegeben. Am Morgen kostete die Gemeinschaftswährung 1,1340 US-Dollar und damit etwas weniger als im asiatischen Handel. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Montagnachmittag auf 1,1341 Dollar festgesetzt. Am Dienstag blicken die Anleger auf das Ifo-Geschäftsklima, den wichtigsten Frühindikator für die deutsche […]
EUROPEAN MORNING BRIEF 18/12: SHFE base metals give mixed performance; ferro-chrome price drops in China
(FM) Base metals prices on the Shanghai Futures Exchange had a mixed start on Tuesday, with market participants remaining cautious ahead of a major speech by Chinese President Xi Jinping. Ferro-chrome, chrome ore prices in China managed to halt their recent decline last week despite bearish sentiment. Both European and Chinese antimony prices were unchanged […]
Gold prices steady in run-up to Fed meeting
BENGALURU, Dec 18 (Reuters) – Gold prices were largely steady on Tuesday ahead of a U.S. Federal Reserve meeting that starts later in the day, with investors looking for clues on the central bank’s outlook for next year. FUNDAMENTALS: * Spot gold was little changed at $1,245.40 per ounce as of 0119 GMT. * U.S. […]
Copper slips on growth fears, signs of rising supply
MELBOURNE/BEIJING, Dec 18 (Reuters) – Copper prices fell on Tuesday as concerns that global trade ructions would cool economic growth were compounded by signs of rising supply, but low inventory levels limited losses. Growth concerns have been weighing on the industrial metals sector, including copper, ANZ analysts wrote in a note, adding that prices had […]
Kupfer fällt auf 6.100 USD, Alu zieht an
(shareribs.com) London 17.12.2018 – Kupfer bewegt sich zum Wochenauftakt an der London Metal Exchange nach unten, belastet von der Vorsicht der Investoren angesichts des weiter schwelenden Handelsstreits. In China und den USA werden wichtige Weichenstellungen erwartet. Die US-Notenbank dürfte in dieser Woche die nächste Zinserhöhung vornehmen. Der US-Dollar hat in den letzten Wochen stark aufgewertet und […]
Investoren wieder netto-long auf Gold – CoT-Report
(shareribs.com) Washington 17.12.2018 – Die Finanzinvestoren haben ihre Netto-Longpositionen auf Rohstoffe im US-Handel zuletzt leicht ausgeweitet und sind nun wieder long auf Gold Bei US-Rohöl kam es derweil zu einer neuerlichen Reduktion der Longs. Der jüngste Commitments of Traders Report der Commodity Futures Trading Commission zeigte einen neuerlichen Anstieg der Netto-Longpositionen auf zwölf in den USA […]
India holds off raising import tariffs on some U.S. goods until Jan 31
NEW DELHI, Dec 17 (Reuters) – India has held off until end-January 2019 raising tariffs on select goods from the United States, deferring for the fourth time retaliatory action against higher import tariffs imposed by the U.S. on steel and aluminium, the government said on Monday. Angered by Washington’s refusal to exempt it from higher […]
China Nov lead output at highest on record
BEIJING, Dec 17 (Reuters) – * China’s lead output in November rose by 18.3 pct year on year to 484,000 tonnes, National Bureau of Statistics data showed on Monday * The figure is the highest monthly total in records going back to 1995, although the bureau typically does not provide individual numbers for January and […]
Canadian regulator to fine Glencore-controlled miner over Congo
(Reuters) – A Glencore-controlled mining company and some of its current and former executives have agreed to pay more than $22 million to settle Canadian allegations they hid the risks of doing business with an Israeli close to Congolese President Joseph Kabila, the Wall Street Journal reported. The expected settlement between the Ontario Securities Commission […]
