Ivanhoe Mines co-chairpersons Robert Friedland and Yufeng Sun, as well as Ivanplats MD Dr Patricia Makhesha, on Monday announced that the weighted basket price of the metals contained in the Platreef palladium/platinum/rhodium/nickel/copper/gold project has risen to a new, three-year high. Friedland noted that while platinum prices have lagged, palladium and rhodium have been two of the best performing metals, and that the platinum-to-palladium ratio at Platreef is about 1:1.
