Palladium Top Stories

South African platinum rebound to push market into surplus, says Johnson Matthey

A wall of platinum production from South Africa coming back online following covid-19 disruptions is expected to offset demand growth this year and push the market into surplus territory, new data released by PGMs specialist Johnson Matthey show.

MINING.COM Staff Writer | May 18, 2021 | 10:46 am

Million-ounce palladium deficit will drive record prices, says Metals Focus

The roughly 10 million ounce-a-year palladium market will be undersupplied…

Reuters | May 18, 2021 | 8:24 am

Miner earns eightfold gain striking palladium on city’s doorstep

Chalice plans to add supply to a palladium market that’s…

Bloomberg News | May 18, 2021 | 8:06 am

Nornickel resumes full operations at one of its flooded mines

The company's Oktyabrsky underground mine is back at its daily…

Reuters | May 13, 2021 | 7:51 am

Russia should get firms to pay environmental fines from profits, says PM

Russian companies normally pay a 20% profit tax, of which…

Reuters | May 12, 2021 | 7:48 am

Nornickel to provide $2bn for Norilsk’s development

Industrial waste clean-up is among the priorities set up in a deal signed between the miner and federal government and regional authorities.

MINING.COM Staff Writer | March 7, 2021 | 12:19 pm

Bank of America, Morgan Stanley win dismissal of metals spoofing litigation

US District Judge said the 2019 lawsuit over alleged spoofing in gold, silver, platinum and palladium futures from 2007 to 2014 was filed long after the two-year federal statute of limitations had run out.

Reuters | March 5, 2021 | 8:56 am

Generation Mining feasibility defines 13-year open pit mine

The surface mine would generate a total of 588,000 palladium oz and 122 million lb of copper.

Canadian Mining Journal Staff | March 4, 2021 | 10:19 am

Nornickel warns on output as two mines remain partly suspended

Oktyabrsky and Taimyrsky mines in Siberia account for 36% of Nornickel's ore mined in Russia.

Reuters | March 3, 2021 | 7:22 am

Ontario to fuel Canadian mining’s post-pandemic recovery – report

New junior listings on the TSXV increased by 71% in 2020, while the amount of capital raised increased by 89%," says Global Business Reports.

MINING.com Editor | March 2, 2021 | 1:04 pm

Nornickel can restore water-hit mines, but unclear when – experts

The company suspended operations at its Oktyabrsky and Taimyrsky mines in Siberia after it detected subterranean water flowing into the facilities.

Reuters | March 2, 2021 | 8:39 am

Nornickel operations chief to leave in management shake-up

Chief Operating Officer Sergey Dyachenko is leaving the company as part of a management restructuring.

Reuters | March 1, 2021 | 7:44 am

Implats half-year profit surges, hikes dividend

The precious metals miner declared an interim dividend of 10 rand ($0.69) per share, compared with 1.25 rand in the year-ago period.

Reuters | February 25, 2021 | 9:10 am

Anglo American ended 2020 stronger than expected

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.

Cecilia Jamasmie | February 25, 2021 | 3:56 am

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