Palladium Mining News

Luxembourg joins race to conquer space mining

The move comes only three months after U.S. President Barack Obama signed a space exploitation law.

THEnergy review of the Energy and Mines Summit in London

More than 200 delegates from the mining, renewable energy and finance sectors attended this event.

Hedge funds in major commodities rethink

Silver attracts buyers, gold price lifted out of historic net short positioning as large futures speculators cut overall bearish bets on commodities by 74%.

INFOGRAPHIC: The periodic table of commodity returns

This year’s version has an interactive design that allows users to sort returns by various categories including returns, volatility, and other groupings.

Oil, Asian stocks rout deepen miners wounds

Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.

One small step for mining's new frontier

Once a figment of science fiction films, the sometimes risky notion of mining in space may soon become a reality if asteroid miners have their way.

Platinum, palladium bear brunt of brutal 2016

Platinum hits record discount against gold price and palladium already down 16% in 2016, despite record setting global auto sales.

The world's northernmost mines

They are all located in just three countries: Norway, Russia and Canada.

INFOGRAPHIC: The world's most valuable substances by weight

The world's most valuable substance? It sells for a cool $27 million per gram.

Worst year for US mining jobs since 1986

12 straight months of losses see 129,000 positions eliminated, the deepest jobs cuts in 29 years and the third worst annual decline since 1939.

Asteroid miner 3D-prints spacecraft prototype with alien metal

What Planetary Resources' 3D-printed model so impressive is the fact that it’s made entirely out of metal that’s not from Earth.

Anglo American teeters on the brink

Fresh selloff brings year loss to 80%. Outside metal prices rebounding (aka divine intervention) and barring extending a begging bowl, what will save Anglo?

Veteran investor Rick Rule reveals a unique arbitrage opportunity

Rick praises innovative precious metals streams on base metal projects and one Canadian company that is adding value and being rewarded for it.

Mining in 2016: Six reasons to be cheerful

No 3: "The return of inflation could revive demand for hedges including commodities, with gold in particular likely to benefit."

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

In January this guy launches a hedge fund to invest in metals

Orion's Oskar Lewnowski: "For a long time, metals were driven by financial flows... With those guys out, we are back to fundamentals."

Obama boosts asteroid mining, signs law granting rights to own space riches

While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.

Platinum, palladium prices break fall

Platinum remains at record discount to gold.

Commodity prices have not bottomed yet — Goldman Sachs

Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.

The collapse of commodities in one simple chart

Year to date gold is one of the better performers, but rhodium comes off worst.

Platinum, palladium prices tank as investors flee

CHARTS: South Africans can't liquidate ETF holdings fast enough, sending platinum to fresh 7-year low and palladium down 20% within only two weeks.

US Congress grants citizens rights to own asteroid-mined riches

Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.

INFOGRAPHIC: The industrial internet, and how it's revolutionizing mining

Learn in today's infographic how the "Industrial Internet", or the convergence of the global industrial sector with big data and the internet of things, is ushering in a new age of efficiency in mining.

Platinum mines may run short of water in 2016

Consulting engineering company, SRK, raised the risk that South Africa's platinum firms may start to run short of water next year if the country's drought persisted.

Wellgreen Platinum signs C$11.4 million financing package led by Resource Capital Fund VI L.P.

With these agreements in place, the Company has initiated the second phase of its 2015 exploration drill program at Wellgreen and expects to undertake a comprehensive metallurgical testing program starting in Q1 2016.