The worst performing metal this week was palladium, down 1.72 percent as traders seem to be looking to platinum for outperformance. The gold
Energy stocks also drove gains, rising as crude prices remained supported by OPEC-led production cuts. "We have seen multi-year highs being reached in oil and platinum recently, and copper and palladium have been robust, too, and this is playing into the natural resources stocks," said David Madden,
"2017 was a year of significant accomplishments for the Lac des Iles mine," stated Jim Gallagher, President and CEO of North American Palladium. "We exceeded our production guidance for palladium ounces with record underground production levels and by returning the mill to full-time operations in the
Add new layer of intelligence to your investment decisions Publication of the Mining Journal World Risk Report (feat.
While platinum rose in 2017, it was a lacklustre performance compared with gold, silver and palladium.
The top players of Palladium and Platinum market are: Anglo American Platinum, North American Palladium, Norilsk Nickel and Stillwater Mining Company. On the basis of key regions, Palladium and Platinum report elaborates the regions like North America, Europe, China, Japan, Southeast Asia and
Impala Platinum mines palladium, which is doing rather well at the moment, but its main product - platinum - is stubbornly resistant to price improvement. The rand
While platinum rose in 2017, it was a lackluster performance compared with gold, silver and palladium.
Another interesting trait of the palladium market is its connection to platinum. According to the news site Fin24, platinum miners have slowed their efforts in recent years due to flat or falling demand for platinum. A lot of palladium is mined in conjunction with platinum, reducing the supply despite growing
RBPlat is to first acquire the concentrator plant and certain surface assets of the Maseve Mine for payment of US$58 million in cash to Maseve ("Step 1"), conditional on certain approvals and conditions precedent. Step 1 is expected to close in February 2018. RBPlat is next ("Step 2") to acquire 100% of the shares in Maseve
LONDON - Palladium, the hottest property in the precious metals deck last year, is tipped for a record performance in 2018 even among bearish forecasters, but the metal could become a victim of its own success. The prospect of sharply higher prices could well prompt substitution of the metal for cheaper
The world hasn't produced as much as it uses since 2012, Kavalis said, with last year's shortage rising to 1.6-million ounces. The metal is a byproduct of platinum and nickel mining, meaning shortages are hard to address, he said. While car makers can substitute palladium with platinum, retooling factories
The world hasn't produced as much as it uses since 2012, Kavalis said, with last year's shortage rising to 1.6-million ounces. The metal is a byproduct of platinum and nickel mining, meaning shortages are hard to address, he said. While carmakers can substitute palladium with platinum, retooling factories
Palladium, the top performer in 2017 within the precious metals complex, was forecast to head higher throughout 2018 by refiner MKS PAMP Monday, with an average price of
Palladium climbed 56%in the spot market in 2017, while its counterpart in the futures market beat returns of 33 other most-actively traded commodities tracked by Bloomberg. Supplies of the metal are expected to tighten further. Palladium production will lag behind consumption until at least 2022, Morgan
Four out of the five top performing metals in the 15 months to January 2018 were drawn from this constituency, namely cobalt (+174%), vanadium (+140%), copper (+49% despite being written off in mid-2016 as destined to wilt under a wall of newly mined supply), and palladium (+46% in sharp contrast to
This could deliver positive results for the company at a time when palladium is attracting market attention and palladium supply is estimated to be in deficit. PTM's key business objectives are to advance the Waterberg project and repay its secured lenders. It is the process of selling its Maseve mine in South
Cobalt rose 174%, vanadium 140%, copper 49% - despite it being expected to face oversupply - and palladium 46%. Over the past year, general mining indices took off and outperformed general price indices, such as the Dow Jones and the FTSE 100 index, according to Gibson, adding that these in turn
PTM has made the decision to exit conventional platinum mining by agreeing to sell its position in the Maseve mine to Royal Bafokeng Platinum (RBPlat) in
The Johannesburg Stock Exchange-listed chrome and platinum group metals (PGMs) mining company headed by CEO Phoevos Pouroulis has entered