Impala Platinum (Implats) plans to start building a new palladium mine that could begin producing as soon as 2024 as the company’s outlook for metals turns bullish. Implats, as the second-biggest platinum miner is known, plans to start work on the Wate…
Implats plans to build palladium mine in 2021 on bullish outlook Read More »
Junkyard palladium is quickly becoming a growth market as mined supplies of the silvery-white metal used to control harmful auto emissions run increasingly short. With palladium prices up 83% since mid-August, recyclers are gaining an edge at a time wh…
Junkyard palladium growing as an answer to waning resource Read More »
Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall and mining companies are taking the financial hit.
The story of what happened is the clas…
How the cobalt market fell victim to the allure of electric cars Read More »
Romania may be set to join a wave of countries moving their gold home from vaults abroad after the nation’s de facto leader started a push to relocate 61 t of the reserves, worth about $2.4-billion, from the UK.
Ruling-party chief Liviu Dragnea submit…
Bring back our bullions: Romania may too seek to pull UK stash Read More »
Executives at Barrick Gold and Newmont Mining are racing to sway a core group of top investors with stock in both companies to support their own mega-merger over that of their rival.
Canadian giant Barrick wants Newmont shareholders including BlackRoc…
Barrick, Newmont race to plead merger cases to investors Read More »
The world’s biggest platinum miners won a reprieve after a South African court reserved judgment on whether to block a week-long industry strike that was scheduled to start Thursday night. The Association of Mineworkers and Construction Union called th…
Platinum miners win reprieve as union delays South Africa strike Read More »
South African platinum producers, the world’s biggest miners of the metal, have asked a court to block a planned strike by one of the country’s largest mining unions that the companies say would further hurt the struggling industry. Anglo American Plat…
World’s biggest platinum miners ask court to block strike Read More »
Barrick Gold’s plan to sell a cluster of Australian mines under its proposed $17.8-billion hostile takeover offer for Newmont Mining is set to spark a flurry of intense deal-making for the castoffs.
Toronto-based Barrick has already had “many conversa…
Gold’s next fight: Barrick-Newmont’s $4.5bn castoffs Read More »
Palladium’s deficit-driven ascent has some analysts warning of the growing potential for a correction given the rapid sprint upward.
The silvery-white metal used to control harmful emissions in gasoline-fueled cars surged 40% in four months, hitting …
‘Bubble’ warning sounds over 2019’s hottest commodity Read More »
From breaking into an elite cabal of Saudi Arabian advisers, to being called to work on what could be one of the largest-ever mining takeovers, Michael Klein is making his mark as one of the world’s top dealmakers.
The former star Citigroup investment…
Michael Klein strikes gold from Canada to Saudi Arabia Read More »
