Ramp Metals plunges after new gold assays in Saskatchewan

The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec.

Palladium, mainly used in the autocatalysts curbing harmful emissions, saw a 39% slump in 2023.

Gold has benefited from a run of soft economic data this week.

The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities.

The protest started on Monday when more than 200 employees and contractors staged a sit-in.

Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum Investment Council said.

The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees.

The company announced in February that it would pare back or pause development projects at its three operating mines.

More than 20% of Anglo shares are held by South African investors.