Palladium Mining News

Big drop in South Africa platinum output

The African nation produces some 70% of the globe's platinum.

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.

Palladium price rally may be overdone

Ample above ground stocks, rising mine supply could dampen prospects for 2016 best performing precious metal.

Trump's impact on metals and mining in one chart

Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.

CHART: Mining capex decline set to continue

Global miners have been cutting spending on new projects and expansions since 2012.

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

Equity markets all but closed for mining IPOs

Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.

Mining robots key to colonizing Mars — Elon Musk

He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.

South African union reaches tentative wage deals with platinum trio

AMCU has been demanding pay hikes of more than 50% for its lowest paid members and a 15% hike for its higher paid members.

Rand sinks platinum, palladium prices

Weakening currency supplies fatter margins for South African mines responsible for nearly three-quarters of global platinum production.

INFOGRAPHIC: The facts and figures that make space mining real

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

CHART: Despite unnerving gold price fall, mining rally's intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

Platinum price back in triple digits

Strikers at top South African platinum producer enter two-year wage deal.

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

No rapid rebound for African mining

Despite continued investment in copper assets on the continent from China and India hunting for coal mines.

Will Anglo stick to radical restructuring plans?

A credit upgrade, a rocketing share price and rally in coal and iron ore call into question downsizing strategy of world's number five miner.

Flashback Friday: The world's scariest mining chart

One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.

Precious metals recover lost ground as traders count down to Fed meeting

Most investors expect the Fed to put off raising rates, which would keep gold as an attractive asset to buy.

Despite problems SA still represents half sub-Sahara mining

Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

Platinum price boost as top producer shuts down smelter

Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.

Six workers safely rescued from South African abandoned gold mine

South Africa is believed to have approximately 6,000 abandoned mines and between 8,000 and 30,000 illegal miners across the country.

Stars aligning for platinum price

Study predicts fifth year of growing deficits and halving of above ground stocks as strikes in top producer South Africa loom.

South African mining output falls sharply

PGMs down nearly 10% and manganese production down 24%.