March 12, 2022

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.

March 12, 2022

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.

March 10, 2022

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.

March 9, 2022

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.

March 8, 2022

Gold price approaching record high as Ukraine, inflation risks mount

Soaring oil prices and the Ukraine war have slammed appetite for riskier assets.

March 8, 2022

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.

March 8, 2022

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.

March 8, 2022

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.

March 6, 2022

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.

March 4, 2022

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.