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 2020 profit sinks 39% as $2bn set aside to cover fuel spill fine

Company has been fined $2-billion for the damage caused by the spill last year in Russia's worst environmental disaster in the Arctic.

Reuters | February 16, 2021 | 9:42 am

Ivanplats to fund up to $420m for palladium, platinum mine

The project in Limpopo province is also assessing mining of rhodium, nickel, copper and gold.

Reuters | February 16, 2021 | 9:13 am

Gold, silver funds see biggest weekly outflows in three months

Investors net sold $1.4 billion in precious metal funds in the week ended Feb. 10.

Reuters | February 16, 2021 | 9:01 am

Is platinum’s explosive rally the start of a bull run?

Metal has broken out of more than a decade of price weakness to reach its highest since 2014.

Reuters | February 16, 2021 | 8:24 am

Platinum price at six year high on bright demand outlook

Platinum rose above the $1,300/oz level for the first time since September 2014.

MINING.COM Staff Writer | February 15, 2021 | 10:01 am

Tight supply and hydrogen hopes drive iridium price up 160%

Prices have climbed to a record high of $4,390 an ounce from $1,685 on Dec. 12, accelerating a rally that began in 2016, when iridium cost around $500 an ounce.

Reuters | February 12, 2021 | 9:22 am