Nornickel slashes forecast for palladium market deficit
Nornickel currently expects a deficit of 0.2 million-0.3 million ounces in 2021 and 0.3 million ounces in 2022.
Latest Stories
Temporary bottlenecks hike costs for copper miners in Chile, Antofagasta CEO says
The London-listed miner said 50,000 tonnes of production could be at risk next year because of a severe drought that has hobbled its operations.
Scientists explore possibility of mining iron, nickel, cobalt-rich near-earth asteroids
Metal-rich asteroids are similar to some stony-iron meteorites found on Earth.
Barrick’s Tanzania ops on track
Barrick, in partnership with MSALABS, has installed Africa's first Chrysos PhotonAssay laboratory at the Bulyanhulu mine, Tanzania.
The hottest party in the metals world is back, but much smaller
LME Week resumes amid continued covid risk.
New Peru PM says redrafting constitution is not a priority
Mirtha Vasquez, a former head of Congress, is the second person to become prime minister under president Pedro Castillo, who has been in the job just two months.
Sanjeev Gupta’s GFG Alliance strikes debt deal with Credit Suisse
Zurich-based Credit Suisse had previously disclosed some $2.3 billion worth of loans exposed to financial and litigation uncertainties within Greensill-linked supply chain finance funds, with some $1.2 billion of its assets related to GFG.
Cobalt supply chain: China and DRC to maintain dominance, growth potential in Australia– report
The global cobalt industry is set to receive a significant boost from the worldwide shift to a green economy, Fitch says.
Gold’s lackluster year may get a boost as stagflation risks grow
Bullion is heading for the biggest annual decline since 2015.
