Gold stock sentiment neutral
The gold miners’ stocks are continuing to power higher in a strengthening upleg.
North American palladium narrows Q1 loss
Canadian precious metals company North American Palladium Ltd’s first-quarter loss narrowed, but the company cut its 2011 palladium production forecast as it shifts focus to development from production.
The company cut its full-year production forecast to 145,000-155,000 ounces of palladium from its earlier view of 165,000-175,000 ounces.
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The Yaramoko project was acquired by Fortuna in July 2021 as part of its takeover of Roxgold.
TotalEnergies buys extra Canada oil sands project stake, squeezing Suncor
On Friday TotalEnergies announced it will acquire an extra 6.65% stake in Fort Hills
Graphic: Electric vehicles throw palladium’s mega-rally into reverse
An era of breathtaking palladium rallies is likely to be ending, analysts said.