Palladium Top Stories

Nornickel says some EU clients refuse to buy products made of Russian metal

Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.

Reuters | March 30, 2024 | 1:38 pm

Glencore makes additional investment in Stillwater Critical Minerals

Last June, the commodity trading giant made its first investment…

Staff Writer | March 29, 2024 | 8:50 am

Nornickel says financial stability is priority, not dividends

Nornickel's 2023 net profit and revenue declined due to low…

Reuters | March 29, 2024 | 5:28 am

Magna Mining signs offtake deal with Vale for Crean Hill project

Under the agreement, initial production from Crean Hill would be…

Staff Writer | March 27, 2024 | 6:59 am

Platinum metals face structural hit to demand from electric vehicle revolution

According to analysts at Macquarie, demand for both platinum and…

Reuters | March 20, 2024 | 10:30 am

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors.

Cecilia Jamasmie | April 11, 2024 | 3:45 am

Zimplats to cap job cuts at 1% of workforce, CEO says

Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts.

Reuters | April 10, 2024 | 7:59 am

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

Reuters | April 10, 2024 | 5:31 am

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".

Reuters | April 10, 2024 | 5:25 am

Big 5 diversified mining companies are having a rough 2024

World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.

Frik Els | April 5, 2024 | 9:47 am

Nornickel completes stock split

The Russian miner has converted each share into 100.

Reuters | April 4, 2024 | 8:21 am

Scientists develop greener method for extracting gold from low-grade ore, e-waste

New technique safely extracts valuable metals from e-waste and low-grade ore using dramatically less energy and fewer chemicals than existing processes.

Staff Writer | April 3, 2024 | 6:06 am