Monthly Archives: June 2012

The London Metal Exchange sale

Posted on June 22, 2012 by Martin Hayes

After what seemed like the gestation period of a baby elephant, the London Metal Exchange finally said yes to an offer of 1.388 billion pounds for its entire shareholding from the Hong Kong Exchanges and Clearing Ltd (HKEx). This now …

Posted in Blog, LME | Tagged , | Comments Off

How to start a career

Posted on June 22, 2012 by Bridget Kendrick

I’ve just spent an enjoyable few hours putting together an induction and training plan for the graduate who’s joining us next week as our Advertising and Sales Executive. I feel a real sense of responsibility doing this, as this role …

Posted in Blog | Tagged , | Comments Off

US GOLD – Precious metals rally after Germany ‘flinches’ at EU summit

Posted on June 16, 2012 by Tom Jennemann

Gold rallied strongly on Friday alongside nearly every commodity and equity, after the European Union announced a 120-billion-euro stimulus package for “fast-acting” growth measures and laid the groundwork for a regional banking union. Gold for August delivery on the Comex …

Posted in Bullion News, Gold News, Metal news | Comments Off

Base metals under pressure

Posted on June 16, 2012 by Martin Hayes

Base metals extended losses during Wednesday morning LME premarket trading as a consistently gloomy macroeconomic global picture continued to paralyse sentiment across the financial sector. Aluminium, zinc and lead all hit fresh cycle lows, with little sign that losses will …

Posted in Base Metals, Metal news | Tagged , | Comments Off

Base metals weaken ahead of US jobs data

Posted on June 16, 2012 by Martin Hayes

Base metals turned lower during Friday morning trading when macroeconomic uncertainty weighed ahead of the release of closely watched US jobs figures this afternoon Following European Central Bank (ECB) and Bank of England (BoE) policy announcements yesterday, currency markets provided …

Posted in Base Metals, Metal news | Tagged , , , | Comments Off

BullionSupermarket.com and FastMarkets launch joint venture

Posted on June 14, 2012 by Dominic Hall

FastMarkets Ltd and Jon Hunt Associates Ltd, owners of the BullionSupermarket.com platform, are pleased to announce a joint venture. This will see cooperation to build the existing BullionSupermarket.com price comparison platform into the leading precious metals retail portal for the …

Posted in Bullion News, FastMarkets Corporate News | Tagged , , | Comments Off

Enhanced data alerts service for professional subscribers

Posted on June 14, 2012 by Dominic Hall

Fastmarkets have upgraded their existing data alerts service to include the following features: Alerts can now be delivered to your desktop via the website messager service. Wherever and however you access the website you can be alerted to the market price …

Posted in FastMarkets Corporate News | Tagged , | Comments Off

Thoughts from BIR 2012

Posted on June 2, 2012 by Martin Hayes

To Rome, the Eternal City in late-May for the BIR (Bureau of International Recycling) spring meeting, where the movers and shakers of the secondary metals world certainly know how to shrug off the economic blues. The food and the drink …

Posted in Blog, secondary | Tagged , , | Comments Off