Nickel short seller could take $8 billion hit after price soars past $100,000 a tonne

A massive squeeze pushed nickel prices up by as much as 250%, the most extraordinary surge in the 145-year history of the LME.

MINING.com Editor | March 8, 2022 | 4:07 am

Palladium price hits record on concerns over Russian supply risks

With most of Europe’s airspace closed to flights from Russia, buyers are worried about securing supplies of the precious metal.

Bloomberg News | March 6, 2022 | 5:07 pm

Gold price tracking towards best weekly performance since May

Spot gold is trading at a level last seen during the record-setting month of August 2020.

MINING.COM Staff Writer | March 4, 2022 | 8:39 am

Gold price holds ground as Powell backs rate hikes to combat inflation

Meanwhile, another precious metal, palladium, has been enjoying monstrous gains over the past week.

MINING.COM Staff Writer | March 3, 2022 | 9:27 am

Sibanye-Stillwater faces court battle for ditching $1.2bn Brazil mines deal

Appian Capital Advisory is taking Sibanye-Stillwater to the High Court in London over the miner’s decision to cancel the acquisition of two mines.

Cecilia Jamasmie | March 3, 2022 | 3:46 am

Sibanye-Stillwater posts record profit on upbeat commodity prices

Sibanye's profit increased by 13% in 2021 to 33.1 billion rand ($2.16 billion).

Reuters | March 2, 2022 | 11:16 pm

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

Bloomberg News | March 2, 2022 | 10:15 am

Canadian Palladium nearly triples East Bull resource estimate

The updated resource estimate is the culmination of a 20,000m drilling program that substantially increased the size of the East Bull deposit.

Canadian Mining Journal Staff | March 2, 2022 | 8:28 am

Impala Platinum reports 9% drop in half-year profit

Prices of PGMs have come off record highs seen early last year.

Reuters | February 28, 2022 | 10:09 pm

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Nornickel Q1 nickel output up, palladium down

Russian metals producers want Putin to ease taxes amid war

Top 50 mining companies power through covid adding $1 trillion in value

South Africa sets $900 million annual mineral exploration target

South African unions start wage talks with platinum miners

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