December 12, 2019

Palladium is now more expensive than gold has ever been

Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold.

December 11, 2019

Poor market conditions derail Triple Flag IPO

Toronto-based Triple Flag, backed by hedge fund Elliot Management, last month said it aimed to raise C$360 million.

December 10, 2019

Implats to close North American Palladium takeover this week

The C$758 million transaction, which was first announced in October, remains on track to close on December 13.

December 10, 2019

Palladium tops $1,900 as South Africa power cuts fuel supply woe

Palladium may “pause at $1,900 given some technical resistance, but overall the price could go higher.”

December 10, 2019

South African mines grind to halt as floods worsen power crisis

Sector is experiencing the largest power blackouts in more than a decade.

December 5, 2019

Nornickel and Trafigura test metal trading using tokens

Nornickel aims for the tokens to account for as much as 20% of its metals sales, possibly within the next couple of years.

November 22, 2019

Platinum catch-22 prevents miners tapping the hottest metals

South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.

November 20, 2019

Russian businessman Potanin says he may raise stake in Nornickel

Potanin currently owns 34.6% of Nornickel, the world's largest palladium producer with a market value of $43.6 billion.

November 18, 2019

Nornickel plans to cut dividends to boost investment

The company plans to cut dividends in 2023-2025 and expects to resume payouts once it starts to generate more cash after 2025.

November 6, 2019

Palladium One stock surges on upsized private placement

The company will now issue up to approximately 63 million units at a price of C$0.06 per unit.