Dual-listed Ivanhoe Mines on Thursday announced that the spot price of palladium had reached another all-time high of $1 781 /oz.
It stated that recent increases in the prices of palladium, nickel, rhodium and gold had resulted in the weighted price of the basket of metals contained in the ore of the company’s Platreef palladium/platinum/nickel/copper/gold/rhodium project, in South Africa, increasing to a new, multiyear high.