Russia’s Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel, expects the palladium market to be balanced this year, citing an “unprecedented” contraction of end-use demand as the automotive industry faces its wo…
Palladium to shift from deficit to balanced market this year – Nornickel Read More »
As the coronavirus pandemic pummeled demand from key customers in the auto industry, Russia’s biggest mining company quietly tightened its grip on the palladium market.
MMC Norilsk Nickel was already the No. 1 miner of the metal used in autocatalysts,…
Pandemic helps Russia tighten its grip on a key strategic metal Read More »
ASX-listed Platina Resources is finalising the sale of its wholly-owned Skaergaard project, in Greenland, to Canadian company Eastern Zinc.
Platina will receive C$500 000 in cash and C$7.15-million worth of shares in Eastern Zinc, upon regulatory app…
Platina says Greenland palladium project in better hands with Canada’s Eastern Zinc Read More »
Palladium jumped by the most since March amid renewed optimism about China’s economy reopening and planned stimulus for automakers, the biggest consumers of the metal.
Palladium held above $2 000/oz, after gaining 6.7% as of 2:06 p.m. in London. It ha…
Palladium jumps above $2 000 amid optimism over China reopening Read More »
Russia’s Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel’s shareholders.
Nornickel is the wo…
As coronavirus rages, Rusal puts brakes on Nornickel’s palladium JV Read More »
During market crashes, palladium isn’t the first commodity that comes to mind.
That’d typically be reserved for gold, the oldest of all safe havens, or maybe oil, a notoriously volatile asset. But while those two have garnered plenty of attention this…
Palladium’s hot run turns cold in metal’s biggest-ever turnabout Read More »
Russia’s Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel, expects the palladium market to continue to be in a deficit of about 500 000 oz this year, driven by the continuing increase in loadings in autocataly…
Nornickel sees no major palladium substitution in near term Read More »
When Natascha Viljoen takes the helm of Anglo American Platinum in April, she will find a “fierce crocodile” in her in-tray. In the local Tswana language, that’s Mogalakwena, the largest palladium mine outside Russia. The metal’s surge to a fresh recor…
Anglo’s giant palladium mine poses key question for new CEO Read More »
A record 22% slump in China’s January car sales is threatening to derail the rally in palladium, used to curb emissions from vehicles.
The precious metal generated a 59% return for investors last year, the most of any commodity tracked by a DCI BNP Pa…
China’s massive car-sales slump threatens palladium’s rally Read More »
The Junior Gold Miners $GDXJ are holding the 50 DMA and forming a cup and handle. We could see a bounce starting soon. Big news is expected from some junior miners before the annual BMO and PDAC events in early March which are the biggest mining conferences of the year.
Big News Expected in the Gold Miners Before BMO and PDAC Read More »
