"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.
Palladium Mining News
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.
Head of Global Sales and Marketing Markus Meurer said purchases in 2017 would rise to as much as 600,000 oz of palladium, compared to 160,764 oz last year.
The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.
This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.
Russia's Norilsk Nickel, the world's second-largest nickel and top palladium producer, reaffirmed its previous 2017 output forecast on Monday after a strong third quarter.
Precious metal is up 114% or $880 an ounce in 2017 as above-ground stocks are "bled dry".
David Morgan uncovers supply and demand fundamentals on mining, cost of production, utility, and ratios in Proven and Probable interview.
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.