Tharisa plans to start platinum output in Zimbabwe in two years While Zimbabwe has the world’s third-biggest reserves of platinum-group metals, development has been stymied by political instability. Bloomberg News | April 4, 2022 | 7:48 am
Tharisa acquires Karo platinum project in Zimbabwe The project, expected to start producing in two years, will produce 150,000 ounces a year of PGMs in concentrate in its first phase. Reuters | March 31, 2022 | 7:29 am
South African platinum workers eye windfall as wage talks near Negotiations for a three-year wage deal with producers are expected to start in the first week of April. Bloomberg News | March 16, 2022 | 8:12 am
Nornickel not changing long-term view, despite logistical issues Nornickel's biggest shareholder, Vladimir Potanin, said the company had managed to secure alternative routes for its palladium deliveries. Reuters | March 15, 2022 | 7:41 am
Palladium price wild rally at risk from recession later this year While palladium hasn’t been hit with sanctions, Russia’s increasing isolation is still affecting supply. Bloomberg News | March 14, 2022 | 7:18 am
Norilsk cleared to pay debt in foreign currency, Potanin says Russia's Ministry of Finance has cleared Norilsk Nickel to pay off its foreign debts in currencies other than the ruble. Bloomberg News | March 12, 2022 | 8:15 pm
Russia’s Nornickel has new routes for palladium supplies – Potanin says Nornickel is not yet considering moving to new markets from its traditional ones but does have plans in place. Reuters | March 12, 2022 | 11:10 am
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