Metal thieves stealing exhaust pipes send US auto claims 1,000% higher State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers. Bloomberg News | March 10, 2022 | 12:04 pm
Australia, South Africa miners eye options as Europe makes desperate calls Prices of palladium, coal and other commodities have skyrocketed since Russia's Feb. 24 invasion of Ukraine, while sanctions on Moscow drive Western consumers to replace Russian supply. Reuters | March 9, 2022 | 1:06 pm
Gold price approaching record high as Ukraine, inflation risks mount Soaring oil prices and the Ukraine war have slammed appetite for riskier assets. MINING.COM Staff Writer | March 8, 2022 | 9:20 am
London market greenlights Russia’s palladium while blocking its gold Russia produces 25-30% of the world's palladium, a precious metal used by automakers in exhaust systems to reduce emissions. Reuters | March 8, 2022 | 7:37 am
Sibanye-Stillwater faces fresh strikes at gold mines Most unionized workers at the company's Driefontein, Kloof and Beatrix gold mines will go on strike from Wednesday after wage talks failed. Cecilia Jamasmie | March 8, 2022 | 6:55 am
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
