North American Palladium Ltd. (TSX:PDL) soared out of the gates to start January, and although its ascent peaked mid-month, the share price is still up 32% and it has been one of the top
Mine development at the Platreef platinum-palladium-gold-nickel copper discovery on the Northern Limb of South Africa's Bushveld Complex. Mine development and exploration at the Tier One Kamoa-Kakula copper discovery on the Central African Copperbelt in the DRC. Upgrading at the historic,
Monchetundra, on the Kola Peninsula, is a major platinum group metals (PGM) and base metals project with state approved reserves plus resources of 2mln ounces of palladium equivalent of PGM with further base metal and gold credits. Under Russian standard C1 and C2 categories, the project hosts
Norilsk Nickel, the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said its
This year, gold production is expected to go up by 13 percent, diamonds by 40 percent, platinum by 9 percent, chrome 80 percent and palladium 5 percent. The CMZ, however, warned that the sector remained fragile as it continued to operate below capacity due to a host of challenges chief among them
When you mine for one, you are inherently mining for the other five members of the group. Fixing a shortfall in one and surplus in another isn't as easy as increasing or decreasing production of a single metal. And while auto manufacturers can substitute platinum for palladium, that requires a lot more than
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