Palladium Mining News

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Gold price surges on Middle East, Russia tensions

But rally didn't last long.

Palladium's slide from record high hits solid floor

Palladium's 20 percent fall from its January record high has put the metal in bear market territory.

South African court backs industry on black ownership

Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.

Platinum price crashes through $1,000 after German diesel ban

Emissions scrubbing in vehicles accounts for over 40% of platinum demand, and landmark ruling will hasten demise of engine technology.

Billionaires in Russia's Nornickel dispute agree to delay stake sale

The ownership dispute is part of a long-running battle for control of Nornickel, a $33 billion mining company.

Anglo American 'shows off' — doubles profits, halves debt, pays highest divvy in a decade

Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.

BHP rebuffs Elliott as first-half profit hits three-year high

The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.

Co-owners of Russia's Nornickel back in fight for control

Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.

Mining M&A jumps to 4-year high – expect more in 2018

New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

Deripaska takes on Potanin as mining tycoons battle in court

Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC.

Platinum market set for another surplus in 2018 — Johnson Matthey

Platinum demand fell nearly 7 percent last year, with sharp falls seen in Japanese investment and Chinese jewellery buying as well as a slowdown in consumption by carmakers, who use the metal in catalytic converters.

Russia's Nornickel to grow platinum group metals mining in new JV

The world's leading palladium producer is planning a joint venture with Russian Platinum.

Mining companies are suddenly positive on South Africa again

Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.

Palladium rally may mean auto catalytic converter price hikes coming

Increased automotive industry demand and a supply shortage boosted the price of palladium to an all-time high of $1,138.00 on Jan 15

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

Gold price set for wild ride in 2018 say 34 bullion analysts

Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.

Russia's Nornickel says palladium output may fall in 2018

Norilsk Nickel said its production of palladium could decline in 2018, while output of nickel from Russian raw material would remain flat.

The 'quite unusual' platinum to palladium ratio

Focus on platinum-palladium prices and ratios over the past 48 years.

Canada’s Gahcho Kue diamond mine boosts Anglo American output, but copper flat

The company beat expectations on Thursday with a 5% increase in 2017 production.

Time to own gold: Sharps Pixley

"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.

Planetary Resources a step closer to mining asteroids with spacecraft launch

Data obtained from the Arkyd-6 will be use in the development of the Arkyd-301, Planetary Resources next spacecraft platform and the beginning of its space resource exploration program.

Mining profits are super-charged and BlackRock wants to get paid

“A lot of investors were really badly burned, ourselves included.”

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

Commodities forge record-setting rally as BP to miners surge

The Bloomberg Commodity Index, which tracks returns on 22 raw materials, was poised for an unprecedented 15 days of gains on Thursday.