Статьи, помеченные тэгом ‘metal’

Copper prices will adjust to the background of Codelco nationalization

Sunday, July 4th, 2010

Copper prices could rise significantly. The Chilean Government is ready to part corporatize national copper producer Codelco in case of a public consensus on this issue. , Said Finance Minister Felipe Larren, speaking at an investment conference. “We do not have any ideological issues concerning the listing of shares Codelco. However, this would require constitutional reform. We do not want to force the issue or move on to the battles for the project, causing a hot public reaction,” – said F. Larren.

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Brazil bets on aluminum, as the prices rise

Sunday, July 4th, 2010

Aluminum prices began to rise. Brazil in May increased smelting aluminum by 1,4% compared to the same period in 2009, to 130,9 thousand tons. This was reported by the Brazilian Aluminum Association ABAL. However, the production of aluminum as a whole 5 months of this year decreased by 1.6% to 634.6 thousand tons.

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Gold price declines sharply in India today and the forecast for gold prices

Wednesday, June 23rd, 2010

Gold price fell sharply reduced during the day in India. Today gold price in India was lower than on the global markets for 5-7 dollars per ounce. The debt crisis in the eurozone pushed investors to invest in gold, which led to an increase in purchase of gold coins and ingots on the world market, as well as to higher prices of stock exchange index funds, secured this precious metal. Gold reserves of the largest fund SPDR Gold Trust reached a record 1,200 tonnes, valued at 46.88 billion dollars.

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Gold prices rise at world markets, gold price in India has stabilized today

Monday, June 21st, 2010

India has become the flagship for the bulls on gold. Gold prices in India rose to a peak this morning. On Friday, June 18 quotes for gold reached a new record high against the withdrawal of investors in asset-seekers in light of overall uncertainty in other markets. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes gold futures rose by 9.60, or 0.8%, to 1258.30 dollars per troy ounce, quotes, silver futures rose 41 cents, or 2.2%, to 19.18 dollars per ounce. The price of gold on the spot market in the U.S. amounted to U.S. $ 1256.00 per troy ounce (+9.30 dollar).

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Gold prices today: trend remains positive

Friday, June 18th, 2010

Gold prices are higher and higher. On Thursday, June 17 quotes for gold reached a new record high against the withdrawal of investors in asset-seekers after the publication of negative U.S. economic data. As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes gold futures rose by 18.20, or 1.5%, to 1248.70 dollars per troy ounce, quotes, silver futures rose 34 cents, or 1.8%, to 18.78 dollars per ounce.

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McDonald’s might poison 12 million children

Friday, June 4th, 2010

Further confusion came from the world leader in the segment of fast food McDonald’s. This morning it became known that 12 million collection of glass cups, which are sold in a promotion of the new animated film “Shrek”, contain harmful metal cadmium. According to the American press, the metal can cause allergic reactions and significantly harm the pancreas.

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Copper market stabilizes

Saturday, May 29th, 2010

Production of copper in Chile in April 2010 compared with April 2009 increased by 6,4% to 454.979 tons. This is evidenced by statistics. A year earlier, as we know, this figure does not exceed 427.723 tons. In turn, Chile’s molybdenum production in April of this year rose by 5,9% and reached 2.745 thousand tons.

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Aluminum is a new hope for the U.S.

Saturday, May 29th, 2010

Volumes of production of primary aluminum in the U.S. in March 2010 compared with February 2009 increased by 12,3% to 146 thousand tons. This is according to the U.S. Geological Survey. At the same time, at an annual rate issue “winged” the metal in the country decreased by 5,2%.

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Dollar hits gold

Saturday, November 21st, 2009

Gold stumbled on growing dollar. Undoubtedly dollar shows real power in these troubled times. Gold slipped lower in USA and Europe on Friday as the dollar firmed, dampening the momentum which has lifted prices more than nine percent this month after reports of central bank gold buying.

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