Stillwater Mining Company today reported 2010 net income of $50.4 million, or $0.51 per diluted share, on revenues of $555.9 million. Contributing to the net income in 2010 were higher PGM prices and a recovery in recycling volumes, along with continued focus on productivity and controlling costs.
Palladium Mining News
In comparison to the events in the Middle East, talking about markets seems frivolous, but it is what we are here for ultimately.
Strong platinum and palladium prices have led to a sharp rise in Impala Platinum's half-year profits. The world's second largest platinum miner expects positive results ahead.
The group announced better-than-expected results for the year on the back of higher prices and said it remains positive about the outlook for commodities markets. Anglo American (AAL.L: Quote) (AGLJ.J:Quote), the world's fourth-largest diversified miner,
Another week marred by gaining indices who’s idea of a correction is a slightly lower close once in every six or eight trading days. It’s not like the indices are flying, their just meandering higher.
The record prices of copper and food items such as beef, record fuel prices in the UK and Europe, with new record prices in gold and silver right around the corner, investors are wondering how they can participate in the commodities super bull market now emerging.
Friday was to be a day of departure for Egypt's Mubarak, but it wasn’t yet to be. It won’t be long now imagine though as many countries are joining together and are ever closer to […]
First things first: North American Palladium has moved 51% higher over the past thee months. This is just one example of how palladium and platinum miners are substantially outperforming the broader market as sentiment has gone from bullish to “just buy the thing.”
Mining Weekly reports that Toronto-based North American Palladium expects palladium production from its Lac des Iles mine, in Ontario, will increase 75% this year. However, delays in developing a ramp to access the new zone mean […]
Technological advances are often left out of much of the discussion when talking about precious metals. Excitement over rare earths, for example, has always assumed that alternatives, either in metals or due to technology, would not be developed. High prices do motivate researchers. For example, alternatives to expensive palladium might exist.
CommodityOnline reports that along with gold and silver bullion, the prices of platinum and palladium have been on an upswing, driven by the rising demand for these precious metals commodities from emerging markets like China.
Palladium may extend a rally this year as surging car sales in China boost demand, while supply from top exporter Russia drops as stockpiles fall, according to the head of commodity trading in Japan at Standard Bank […]
I’ve been talking to subscribers this past week about the powerful move we’ve seen in US indices as of late and the recent pattern formed in the S&P which is a rarity. It’s the swiss steps pattern as shown below.
North American Palladium hit a new 52-week high of $7.62 so far this week, in part because the market has gone gaga for all things palladium. The company's shares had been showing support around $6.69 and resistance in the $7.45 range, but investors continue to push palladium-minded stocks higher in the belief that growing demand for PGMs, or platinum group metals, will continue to be ramped up.
Stockwatch reports that North American Palladium Ltd. has restarted palladium production at its flagship Lac des Iles mine in Northwestern Ontario. On an annualized basis, NAP expects to produce 140,000 ounces of palladium per year. […]