The rate of growth in secondary supplies is likely to be lower than in 2018, while primary shipments (of newly mined metal) are expected to be flat.
Palladium Mining News
A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.
The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.
Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.
Record palladium prices and a weaker rand are lifting the gloom enveloping South Africa’s platinum industry.
Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.
They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.
Investors appear to be ignoring the fact that weak sales figures have been reported for all major auto markets in recent days.
Palladium is close to becoming the most “precious” of precious metals
Palladium’s fundamentals should remain strong for at least the next 24 months.
New research reveals that cryptocurrency mining expends significantly more energy compared to the mining of natural resources.
Platinum’s lesser-known cousin keeps going from strength to strength
Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high.
The price of palladium has more then doubled in the past three years.
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls
The termination of the agreement will also enable Nornickel to pursue its own strategy for the African assets.
The expansion will double the capacity of the mine and mill to 12,000 t/d from 6,000 t/d.
It all started so well in 2018.
But short term pain will persist.
The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.
Parity with gold is fundamentally justified the market has been in sustained deficit and the effects of that are being borne out,” said Marcus Garvey, analyst at ICBC Standard bank
Chief Executive Officer Nicolaas Muller said Implats could return to profit by around 2020 by shutting older shafts at its Rustenburg mining complex.
Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.
Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.
Palladium prices are shattering record highs.