David Morgan uncovers supply and demand fundamentals on mining, cost of production, utility, and ratios in Proven and Probable interview.
Palladium Mining News
Gold prices finished higher last Friday and followed the upward trend on Monday, with December gold GCZ7, +0.67% rising to $1,283 an ounce.
Consensus forecasts point to double digit declines for the platinum, zinc, copper and lead price by the end of the year, while coal is set to tank.
The specialty chemicals company said the overall market "could be (worth) more than $30 billion (in) sales when battery electric vehicle penetration increases to around 10 percent.
Speculative frenzy not entirely supported by fundamentals.
Official figures released on Thursday signall a bad start for the second half of the year with business confidence at its lowest in more than three decades.
A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.
Summer is the season for drilling, and with the uptick in the precious metals market since 2016, companies are finally able to have the budgets to properly explore their prospects, says Brien Lundin, editor of Gold Newsletter.
Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.
The country's ultimate objective is to have its own space mining agency by the end of the year.
Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals.
The Bokoni mine, a joint venture between Atlatsa and Anglo Platinum, produces around 150,000 ounces of platinum group metals per year.
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies
Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.
S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.
Back within shouting distance of 2-year highs amid talk of market "squeeze".
Mining companies in South Africa have been frozen out of consultation over regulatory changes that could dilute shareholders, raise costs and impose new levies to fund community development.
Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.
If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.
Diamonds may be a girl's best friend but for budget-conscious ring-bearers, the preferred material might be platinum.
New report says record autocatalyst demand, falling mine supply, will make palladium more valuable than platinum for the first time since 2001.
Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.