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Kyrgyzstan: business welcomes news of Kumtor agreement

“Business welcomed the news of the entry into force of the Strategic Agreement between the government of Kyrgyzstan and Centerra Gold on Kumtor,” Askar Sydykov, Executive Director of the International Business Council, declared. According to him, any uncertainties in relations between the government and Centerra Gold directly affect the investment climate in Kyrgyzstan. The business…

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LIVE FUTURES REPORT 29/08: LME copper above $5,700/t on 24kt cancelation; nickel-tin switch at $560/t

The three-month copper price on the London Metal Exchange increased slightly during morning trading on Thursday August 29, bolstered by a fresh cancellation of 24,425 tonnes, while the nickel-tin price differential continues to widen. The fresh cancellations in copper now total just over 59,000 tonnes, the bulk of which have occurred out of LME-registered warehouses…

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