Industry News

15 Sep 2016
On Wednesday gold grew on the weakening of the dollar

On Wednesday in New York gold futures quotations ended the session at the positive territory receiving support from the dollar weakening and expectations of the increase of the key FRS interest rate in September. 

15 Sep 2016
“Uralelectromed” shall increase the precious metals extraction

"Uralelectromed" (UMMC enterprise) intends to increase the precious metals extraction by means of the introduction of new technology of production of antimony-tin concentrate, according to the company.

15 Sep 2016
Negotiations between the Prime Minister of the Kyrgyz Republic and the head of Centerra Gold were held in Bishkek

Today, on September 14, a meeting between the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov and the Canadian gold mining company Centerra GoldInc CEO Scott Perry took place in Bishkek. 

14 Sep 2016
Gold rises in price against the background of the US currency weakening

According to data of exchanges, on Wednesday, the gold price rises against the background of a slight weakening of the dollar, caused by declining expectations of an increase in the basic interest rate of the USA Federal Reserve System. 

14 Sep 2016
There is the output growth at the gold mine “Mute” in Iran

According to the representative of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), production of gold bullionsat gold mining complex “Mute”, during the period from March 21 to August 20 of 2016 amounted to 117 kilograms. 

13 Sep 2016
Commerzbank: In the near future, we expect a price adjustment in the gold market

Following comments of a member of the Board of Governors of the Federal Reserve System, the probability that next week the decision will be taken to increase rates has dropped to 15%.

13 Sep 2016
WPIC - Platinum deficit will exceed 16 tons

By the end of 2016, platinum deficit will be higher than expected. This will happen because of reduced mining, as well as of the steady low metal prices that will trigger the fall of the refinery volume.

08 Sep 2016
In September the Ministry of Industry and Tradeis going to announce a new acceptance of applications for the selection of investment projects

According to the agency, in mid-September, the Ministry of Industry and Trade of the Russian Federationis going to announce a new acceptance for applications for the competitive selection of investment projects in priority areas of the industry.