December 15, 2023 New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.
December 14, 2023 Palladium price surges 12% as UK sanctions target Russia metals Palladium is headed for its biggest gain since March 2020.
December 12, 2023 Anglo American’s falling shares fuel takeover rumours Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.
December 8, 2023 Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.
December 7, 2023 Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs.
December 5, 2023 EV boom drives miner’s $100 million hunt for new palladium uses Nornickel will invest the money through 2030 at its research and development center that works on new products.
December 4, 2023 Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023 The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons.
November 29, 2023 Sibanye-Stillwater cuts about 300 US platinum jobs to lower costs The precious metals producer will have to let go about 100 employees and approximately 187 contract workers.
November 21, 2023 Sibanye shares plunge on convertible bond sale The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value.
November 16, 2023 Wheaton Precious Metals secures $530m in existing streams The miner will acquire existing royalty streams on Ivanhoe Mines’s Platreef project in South Africa.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am