gold yet to shows direction in short term

Gold yet to shows direction in short term

After sharply changing in the first week of May, global gold price slightly fluctuated in a range of $1,478 - $1,526 an ounce in the second week. This is a common movement of this high-value asset which caused domestic gold price which barely changed recently became more muted.
tenova opens representative office in hcmc

Tenova opens representative office in HCMC

Tenova Group, Italy’s worldwide supplier for the metal and mining industries, officially opened its representative office in Ho Chi Minh City at an inauguration ceremony held in the city Friday.
china strengthens grip over rare earths market

China strengthens grip over rare earths market

China has further tightened its grip on the rare earths market, raising taxes on the minerals vital to high-tech industry and banning new projects to produce the metals via separation.
asian shares rise after fed comments

Asian shares rise after Fed comments

Asian stocks rose Thursday after another Wall Street rally was sparked by comments from Fed chief Ben Bernanke that the bank had no timetable to hike interest rates.
gold see saws steeply

Gold see-saws steeply

The price of gold in Vietnam soared to above VND37.3 million a tael (1.2 ounces) on April 15, however, the metal declined quickly at a steep pace.

Gold price hits record high as global inflation spikes

The price of gold reached a record high close to $1,480 an ounce in trading Friday with investors piling into the safe-haven precious metal amid spikes to global inflation and fresh eurozone debt worries.
pxs to select foreign partner

PXS to select foreign partner

The PetroVietnam Equipment Assembly and Metal Structure Co (VSE: PXS) has decided to sell a 10 percent stake to the American engineering, procurement, construction and installation company McDermoti Asia Pacific Pte Ltd, said Nguyen Dinh The, PXS general director.
gold slightly drops

Gold slightly drops

The price of gold in Vietnam affected on March 15 due to movements of the precious metal on the international market.
gold soars on japanese quake

Gold soars on Japanese quake

The price of gold in Vietnam jumped by VND150,000 a tael (1.2 ounces) over last weekend on March 14 as the global price raised on rising demand for the metal as a hedge against crisis after a strong earthquake hit Japan.
china caps pollution limits for rare earth miners

China caps pollution limits for rare earth miners

China has tightened its grip over the rare earths industry by setting tough emission limits on miners producing the lucrative metals, which are indispensable to many high-tech products.
gold climbs to six week high

Gold climbs to six-week high

The price of gold in Vietnam jumped by VND250,000 a tael (1.2 ounces) over the previous day, approaching VND36.4 million a tael on February 15 as global price slightly rose due to increasing demand for the precious metal as a hedge against inflation.
tata steel wins the businessworld most respected company award 2011

Tata Steel wins ‘The Businessworld Most Respected Company Award 2011’

Tata Steel won this week “The Businessworld Most Respected Company Award 2011” in the metals category.
emo hannover calls for vietnamese visitors

EMO Hannover calls for Vietnamese visitors

The leading global trade show for metalworking, EMO, will once again take place in Hannover, Germany this year from September 19 to 24, 2011 to showcase “more than machine tools”.

Japan deep-sea robots to seek minerals

Resource-poor Japan plans to use deep-sea mining robots to exploit rare earths and precious metals on the ocean floors around the island nation within a decade, a media report said Friday.
russian group gets down to business

Russian group gets down to business

Vietnam’s state-run Vinacomin is intensifying efforts for building a copper metallurgical plant in northern Quang Ninh province in a joint venture with Russia-based Geo Pro Mining Group.