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.
Palladium Mining News
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.
The world's leading palladium producer is planning a joint venture with Russian Platinum.
Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.
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
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.
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.
Norilsk Nickel said its production of palladium could decline in 2018, while output of nickel from Russian raw material would remain flat.
Focus on platinum-palladium prices and ratios over the past 48 years.
The company beat expectations on Thursday with a 5% increase in 2017 production.
"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.
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.
“A lot of investors were really badly burned, ourselves included.”
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.
The Bloomberg Commodity Index, which tracks returns on 22 raw materials, was poised for an unprecedented 15 days of gains on Thursday.
The year’s barely started and palladium markets are set to break another record.
The metal most known for its use in car exhausts is on a tear as the year comes to a close.
For the second year in a row, people are being bullish on silver.
Gold prices edged up on Tuesday to a more than three-week high in post-holiday trade on geopolitical concerns.
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
The proceeds will be used for refinancing existing debt, financing capital expenditure and general corporate purposes.
Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.
Palladium hit high of $1,022.70 Thursday, just off a 16-year high from last week, while platinum hit a low of $887.50 per ounce.
The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.
The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.