9 suspended Philippines mines can resume if conditions met
Reuters reported that the Philippines’ environment ministry said nine suspended mines will be allowed to resume operations if they rectify previous violations of environmental regulations, a move that could boost nickel output in the major supplier of the metal. Environment Undersecretary Analiza Teh told Reuters “The sooner they complete the corrective measures, the sooner their […]
Gold prices steady amid softer dollar
BENGALURU, Nov 20 (Reuters) – Gold prices held steady early on Tuesday as the dollar was pressured by weak U.S. economic data and cautious comments about the global economy from Federal Reserve officials. FUNDAMENTALS: * Spot gold inched 0.1 percent lower to $1,222.71 per ounce at 0117 GMT. * U.S. gold futures were down 0.2 […]
Mexico expects U.S. to begin lifting tariffs with trade deal signing
WASHINGTON, Nov 19 (Reuters) – Mexico expects Washington to begin lifting steel and aluminum tariffs against it later this month, when Canada, Mexico and the United States are slated to sign a revamped trade deal, the Mexican ambassador to the United States told McClatchy on Monday. “It’s the expectation that by the time of the […]
London copper falls after 5-day climb as U.S.-China trade tensions rise
SINGAPORE, Nov 20 (Reuters) – London copper prices broke a five-session winning streak on Tuesday, as conflicting signals over the trade dispute between the United States and China weighed on investor sentiment. While both U.S. President Donald Trump and Chinese President Xi Jinping expressed optimism about resolving their trade war ahead of a planned meeting […]
Serbia targets annual copper output of 250,000 tonnes
SeeNews reported that Serbia aims to become a leading copper producer in Europe, targeting an annual output of 250,000 tonnes. Serbia energy minister Aleksandar Antic said that the country has attracted investments of more than 1 billion euro (USD 1.1 billion) to its mining sector since December 2014 and currently has 130 exploration fields, while […]
Palladium kostet fast schon so viel wie Gold
London/ Frankfurt (Godmode-Trader.de) – Palladium ist zu Wochenbeginn zwischenzeitlich auf ein neues Rekordhoch von 1.186 US-Dollar je Feinunze gestiegen. Seit Mitte August hat sich das Edelmetall um rund 40 Prozent verteuert. Grundsätzlicher Preistreiber ist aus Sicht der Commerzbank-Expertin Barbara Lambrecht die starke Nachfrage aus der Automobilbranche, „die inzwischen mehr als 80 Prozent der Gesamtnachfrage ausmacht“. […]
Copper edges higher ahead of G20 summit
LONDON, Nov 19 (Reuters) – Copper rose for a fifth straight session on Monday, with hopes of a resolution to the U.S.-China trade war outweighing the threat of higher U.S. tariffs on Chinese goods. Three-month copper on the London Metal Exchange was bid 0.6 percent higher at $6,240 a tonne after failing to trade in […]
Devisen: Eurokurs leicht gestiegen
FRANKFURT (dpa-AFX) – Der Eurokurs ist am Montag leicht gestiegen. Am Vormittag kostete die europäische Gemeinschaftswährung 1,1423 US-Dollar. Am Morgen hatte der Euro noch kurzzeitig unter 1,14 Dollar notiert. Der Euro verteidigte so seine deutlichen Gewinne vom Freitag. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Freitagnachmittag auf 1,1346 Dollar festgesetzt. Zu Beginn der neuen […]
Zimbabwe to let gold, platinum mines retain higher dollar earnings
HARARE, Nov 19 (Reuters) – Zimbabwe will allow gold and platinum mining companies to retain up to 55 percent of their earnings in dollars, government and central bank officials said on Monday, as authorities in the southern African nation move to ensure operators remain viable. Mining accounts for more than two-thirds of Zimbabwe’s export earnings […]
Derichebourg mit Umsatzzuwachs trotz „schwierigem geopolitischem Umfeld“
Die Recycling- und Umweltaktivitäten des französischen Konzerns Derichebourg steigerten ihren Umsatz im zurückliegenden Geschäftsjahr um fast 9 Prozent auf rund 2,12 Mrd €. „Dieser Zuwachs ist um so bedeutender, als die Recyclingsparte seit Beginn des Sommers mit einem schwierigen geopolitischen Umfeld konfrontiert war“, teilte das Unternehmen mit und verwies auf die Handelskonflikte der US-Regierung. Auf […]
