Sibanye to cut nearly 300 jobs at US ops after palladium price fall
(Reuters) – Diversified miner Sibanye Stillwater said on Wednesday it would cut 287 jobs at its U.S platinum group metals (PGM) operations to reduce costs as metal prices decline, adding the move…
Economic slump nudges down platinum and palladium forecasts – Reuters poll
By Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according to a…
Analysts slash platinum and palladium forecasts amid global slowdown: Reuters poll
By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters poll showed…
Nornickel reduces nickel, palladium sales in H1 as supply chains disrupted
MOSCOW – Russian metals producer Nornickel said on Tuesday that its sales of nickel, palladium and platinum fell in the first half of 2022 due to disrupted supply chains, while net profit…
Russia risks speed up automakers’ switch from palladium to platinum, WPIC says
LONDON – Automakers are accelerating efforts to use less palladium and more platinum due to worries over palladium supply from Russia, the World Platinum Investment Council (WPIC) said on Monday, predicting a…
Amplats CEO says carmakers looking for palladium after Russia sanctions
By Helen Reid JOHANNESBURG – South Africa’s Anglo American Platinum (Amplats) has received enquiries from manufacturers and carmakers seeking palladium in the wake of Western sanctions on top producer Russia, CEO Natascha…
Palladium dives about 17% as Russia supply fears recede
By Bharat Gautam – Palladium slumped nearly 17% in a sharp correction after rallying to an all-time high on the Ukraine crisis, as worries eased that supplies of the autocatalyst metal from…
Gold, palladium retreat from highs
By Bharat Gautam – Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metals in…
Palladium firms near record, gold accelerates as Ukraine worries mount
By Bharat Gautam – Palladium hovered marginally below an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while safe-haven gold…
Palladium firms near all-time peak on Ukraine, gold above $2,000/oz
By Bharat Gautam – Palladium attempted to consolidate off an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while safe-haven…
Palladium catches a breath after record rally on Ukraine crisis
By Brijesh Patel – Palladium eased off a record high on Monday after Russian and Ukrainian officials held a third round of ceasefire talks, prompting some investors to lock in profits from…
Palladium hits all-time high, gold tests $2,000/oz on Ukraine
By Bharat Gautam – Palladium shot to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in response to…
Palladium charges to all-time high on Ukraine, gold tests $2,000/oz
By Bharat Gautam – Palladium shot up to an all-time high as Russia’s invasion of Ukraine and resultant sanctions stoked fear of scarcity, while gold tested the psychological $2,000 mark in response…
Palladium sprints to $3,000/oz mark as Russia supply fears grow
By Brijesh Patel – Palladium extended its rally to near a 10-month high within striking distance of $3,000 an ounce on Friday, as concerns over supply shortages from top-producer Russia mounted and…
Palladium set for biggest weekly gain in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its biggest weekly gains in two years as concerns grew about supply shortfalls from…
Palladium set for best week in 2 years as Russia supply concerns mount
By Arpan Varghese – Palladium extended gains on Friday, breaking above $2,800 an ounce mark en route to its best week in two years as concerns grew about supply shortfalls from Russia,…
Supply woes lift Palladium to 7-month peak, gold firms on Ukraine crisis
By Brijesh Patel – Palladium extended gains to a more than seven-month high on Thursday, spurred by concerns over supply shortages following harsh sanctions on top-producer Russia, while the Ukraine crisis and…
Palladium scales 7-month peak, gold firms as Ukraine crisis rages on
By Bharat Gautam – Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish Federal Reserve…
Palladium scales 7-month peak, gold firms as Ukraine crisis rages on
By Bharat Gautam – Palladium raced to an over seven-month peak on Thursday in a rally sparked by concerns over supply from top producer Russia, while a relatively less hawkish Federal Reserve…
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