Palladium Mining News

Stellar rhodium price rally could be coming to an end

Price for scarce precious metal rhodium is up 270% in two years.

Wheaton closes streaming deal with gold miner Sibanye

The Canadian streaming firm has bought all of Stillwater's gold production for the life of the mine and, initially, also 4.5% of its total palladium output.

Lakes, rivers near abandoned mine sites likely source of antibiotics

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.

Wheaton buys all gold, some palladium from Sibanye US mines

Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.

South Africa mines minister delays finalisation of draft mining charter

Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.

CHARTS: Halfway through 2018 and the mining rally is over

“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."

Commodities face a twin threat, Morgan Stanley says

Amid the warnings, copper was listed as the top pick after palladium.

Platinum price plunges to 14-year low

Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.

Germany's Heraeus to open $100 mln precious metals recycling plant in China

China is the world's biggest car market and produces only a fraction of the platinum and palladium it consumes.

Tharisa expands Zimbabwe exposure with $4.5 million platinum deal

It gives the company access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.

Scientists develop technique to reduce cost, environmental impact of mining precious metal

Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions.

Thomson Reuters publishes GFMS Platinum Group Metals Survey 2018

Are the dark days for platinum set to last?

The case for investing in platinum

Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.

Hedge funds have never been this bearish on platinum price

Large scale speculators in platinum futures go shortest ever as Europe industrial policy chief says "diesel cars are finished".

Early stage projects are located in mining-friendly jurisdictions

Worldwide there are over 30,000 exploration projects.

South Africa's Tharisa taps Zimbabwean chrome reserves

Zimbabwe has attracted intense interest from miners with a promise of favourable terms as it seeks to reboot its economy after veteran leader Robert Mugabe was ousted last year.

Russia's Nornickel cuts 2018 output forecast for copper project

The Bystrinsky project is now expected to produce 25,000-31,000 tonnes of copper and 90,000-110,000 ounces of gold in concentrate in 2018.

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.