Palladium price heads for biggest one-day gain in two months on short covering

Last week, palladium had fallen below platinum for the first time since 2018.

Reuters | February 14, 2024 | 9:48 am

Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.

The new resource includes 813 million tonnes of indicated material grading 0.29% nickel equivalent.

Staff Writer | February 12, 2024 | 9:20 am

Nornickel’s 2023 profit slumps 51% on falling metal prices

Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.

Reuters | February 9, 2024 | 7:54 am

Zimbabwe takes full control of controversial state miner

Kuvimba holds some of Zimbabwe’s best mining assets, which were once owned by a company controlled by US- and UK-sanctioned tycoon Kudakwashe Tagwirei.

Bloomberg News | February 8, 2024 | 11:07 am

Palladium price drops below platinum for first time in five years

Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, accounting for 80% of demand, to start replacing it with cheaper platinum in autocatalysts.

Staff Writer | February 8, 2024 | 8:30 am

Scientists develop solution to avoid gold particle corrosion

Gold is generally resilient but if it’s in the form of tiny particles, it suffers negatively from heat, pressure, corrosion, oxidation and other conditions.

Staff Writer | February 7, 2024 | 6:06 am

Sibanye CEO pushes on with copper hunt after failed Zambian bid

The precious metals producer is still looking for copper assets to buy across the African copper belt.

Reuters | February 5, 2024 | 7:13 am

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.

Reuters | February 5, 2024 | 7:04 am

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

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Platinum deficit in 2024 to be deeper than expected – WPIC

Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen

Northam CEO says South African platinum miners facing worst crisis in decades

Impala Platinum considers mine closures after profit slump

Legacy uses AI to discover platinum in Australia

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