They say that there are no atheists in fox holes. Recently it has also become clear there are no monetary hawks in bear markets.
Palladium Mining News
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.
Adjusted net earnings were $35 million, a 49% drop from $67 million in net earnings in the third quarter of 2017.
Michael Rowley, president and CEO of Group Ten Metals Inc. interview with Maurice Jackson.
Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.
Sibanye and Lonmin said in a joint statement they remained fully committed to the deal, which is expected to close by the end of the year.
The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel.
Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.