Sentences with phrase «as metals prices»

U.K. stocks finish at 10 - week high as metals prices rally Shire soars; pound seesaws as U.K. retail sales disappoint U.K. stocks end slightly higher on Thursday, boosted by gains for miners on the back of a rally in nickel and aluminum prices.

That call turned against us, to put it mildly, as metal prices kept tumbling: The 8 «oversold mining stocks» we identified last year collectively lost 33 %.

Chile is expanding its largest open - pit copper mine below the northern desert to dig up 1.7 billion additional tons of minerals, even as metal prices plummet around the globe.

This was a welcome development for Metals & Mining equities, as metal prices have been under pressure for most of 2011 and 2012, largely, we suspect, due to concerns about a recession in Europe, slowing growth in key emerging markets, especially China, and the sluggish pace of economic recovery at home.

Not exact matches

Aluminum products maker Arconic slashed its 2018 forecasts for profit and free cash flow as it expects prices of the metal to remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.

The metals tariffs have caused some divisions within Trump's Republican Party, as steel and aluminum consuming industries have warned that higher prices would hurt their competitiveness.

LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the dollar's uptrend paused, but prices of the precious metal are expected to remain under pressure from a significantly stronger U.S. currency and weak investment demand.

But around the turn of the decade Alcoa led a producer shift to pricing alumina on the basis of spot market indices compiled by price assessors such as Platts, Metal Bulletin and CRU.

Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; the actual results of reclamation activities; conclusions of economic evaluations; meeting various expected cost estimates; changes in project parameters and / or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled «Risk Factors» in the Company's Annual Information Form for the year ended December 31, 2017 dated March 15, 2018.

Basic resources, however, ended 0.55 percent down as a sector, not helped by a decline in some metal prices during later trade.

Prices for gold bullion and other precious metals have climbed over the past decade to new heights as investors sought protection against the erosion of incomes and wealth by inflation.

Basic resources jumped 1.22 percent as a sector, supported by an uptick in metal prices, while oil stocks fell as investors doubt that the recent rally in prices will last.

He said everything from oil to metals to lean hog prices are dropping as weaker growth globally weighs on demand.

As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.

Mincor Resources says it expects to exceed its full - year nickel production guidance as the price of the base metal hit a 14 - month high overnight.

The mining industry has flipped that around with «more being less», as shown in this week's production reports and share prices of Fortescue Metals and BHP Billiton.

The return of gold mining as Western Australia's fastest - growing industry is becoming more interesting, with a near - record price for the metal in Australian dollars triggering increased exploration and a pair of possible mine developments in the Wheatbelt.

LONDON, April 20 - Aluminium prices fell on Friday for a second day as a rally sparked by U.S. sanctions against Russia's Rusal, the world's second - biggest producer, appeared to stall, but the metal was still on track to end the week up 7.5 percent.

Gold has regained its shine in recent months, but that doesn't change the dull outlook for the precious metal over the longer - term, warns Goldman Sachs, which sees prices falling to $ 1,000 in 12 months as the Federal Reserve normalizes monetary policy.

In addition, metals warehousing has drawn attention due to allegations that banks and merchants have tried to game the London Metal Exchange (LME) warehousing rules, deliberately creating bottlenecks for aluminum consumers such as drinks can makers to boost storage income, while raising physical prices.

CNBC's Jackie DeAngelis reports gold's settling price as the precious metal nears a three - month low.

CNBC's Jackie DeAngelis reports the close of the gold market as the price of the metal creeps toward $ 1,300.

(Adds analyst comment, updates prices) BEIJING, May 3 (Reuters)- Shanghai base metals were mixed on Thursday as the market fretted about the outcome of Sino-U.S. trade talks that would start later in Beijing.

While a short - covering rally in gold prices isn't entirely ruled out, the metal will ultimately see its appeal diminish as the Federal Reserve begins to hike interest rates, according to Martin Lakos, division director at Macquarie Private Wealth.

As you can see in the chart below, the price of the yellow metal tends to increase during periods of systemic risk.

True, in recent years, as oil and industrial metal prices climbed, the TSX Composite outperformed the S&P 500.

Following the sharpest decline in crude oil prices in at least a century, as well as a six - year bear market in metals, the global environment could be ripe for a commodity rebound.

The nation's biggest aluminum producer will split into two publicly traded companies as it tries to deal with an oversupply of the metal and falling prices.

Global coverage of the non-ferrous metals industry featuring a comprehensive array of daily price assessments, as well as incisive news and analysis from our team of market experts.

Fund managers cut their exposure to both commodities and emerging market equities to record lows this month, as oil and metals seem unable to shrug off price weakness and China recession fears mount, new research shows.

Gold - mining stocks certainly fared better than the broader equity market during the first four days of this week as mining shares that trade in North America surged on higher precious - metals prices.

Gold prices are under pressure to start the week, as follow - through selling continues to weigh on the yellow metal.

The announcement came just a week after Samsung SDI, South Korea's leading battery maker, unveiled plans to recycle cobalt from used mobile phones and develop lithium - ion batteries with minimum content of the metal, or no cobalt at all, as a way to offset soaring prices for the silver - grey commodity.

(Kitco News)- The story of Rare Earth Elements (REE) is at the center of a sad and dirty chapter of the metals industry as it continues to see weak prices despite strong demand.

«If rates go up — and I don't think they will — then the increase in yields would hurt metals and mining company prices as money left these assets and moved into fixed income.»

Precious and Industrial Metals Inflation concerns, geopolitical tensions and interest - rate levels, especially real yields, contributed to a 1.7 % rise in the spot price of gold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projected.

LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.

Banks» revenue from both metals and oil is expected to increase this year as prices and volatility increase, Shahani said, with overall commodities - related revenue seen rising by around 10 percent.

News from a prominent Chinese newspaper help lift precious metals prices, as the paper inferred that the Chinese government More...

This was the case even as the price of the yellow metal was on a tear, rising from $ 270 in 2001 to more than $ 830 an ounce by the end of 2007.

Which in my own personal opinion comes as extremely fantastic news for those who own precious metals and wonder whether there is still upside to the pricing.

News from a prominent Chinese newspaper help lift precious metals prices, as the paper inferred that the Chinese government is planning on offering stimulus to numerous cities and provinces.

Chinese growth has meant enormous demand and rising prices for many of Canada's resources, particularly coal and oil, as well as base metals such as copper, nickel and aluminum.

That means if anything happens to your bullion, you'll get back the same type and amount of coins and bars you had as opposed to compensation in cash, which is based on the spot price of your metal.

To do so would either create massive hyperinflation (devaluation) of our current fiat currency, massive swings (politically rather than market driven) in the price of the metal, or create such a high conversion rate as to be nearly meaningless.

Gold futures climbed the most in five months as a rally for oil prices revived demand for the metal as a store of value.

Aluminum soars 13 % this week as Russian producer gets hit with sanctions London Metals Exchange, in rare move, echoes U.S. sanctionsIt has been up and away for aluminum prices this week, as traders react to U.S. sanctions on Russia that extend to country's aluminum giant — United Company Rusal PLC..

Miner Freeport - McMoRan Inc. rallied 3.7 percent as copper prices rose the most in almost two months on optimism that stabilizing economies will buoy demand from Europe to China, the world's top metals consumer.

Revenues for the period grew nearly 50 % to $ 386.66 - billion, the Toronto - based company reported, as copper and silver sales accelerated, and were boosted by higher metals prices.

Since the beginning of the second quarter of this year, spot gold has been trading in a tight $ 100 range, with the price of the precious metal more or less confined in the $ 1,200 - 1,300 per troy ounce band — and investor demand for the yellow metal has been continuing to wane as the global stock - market rally continues unabated.