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.
November 10, 2023 UK sanctions on Russian plant send jitters through palladium Britain on Wednesday announced sanctions on Krastsvetmet, the main refinery used by top palladium producer Norilsk Nickel.
November 9, 2023 Palladium price drops below $1,000 as demand from key car sector wanes Palladium demand has also been pressured in recent years after it became much more expensive than sister metal platinum.
November 8, 2023 Generation Mining gets key approvals for Marathon palladium-copper project in Ontario Over the LOM, the Marathon project is anticipated to produce 2.1 million ounces of palladium, 517 million lbs of copper, 485,000 ounces of platinum, 158,000 ounces of gold and 3,156,000…
Top aluminum buyer seeks $218 million purchase as Trump tariffs roil market Arconic Corp. is looking to buy aluminum in the spot market for the second quarter. February 11, 2026 | 02:26 pm
