March 3, 2022

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.

March 3, 2022

Sibanye-Stillwater faces court battle for ditching $1.2bn Brazil mines deal

Appian Capital Advisory is taking Sibanye-Stillwater to the High Court in London over the miner’s decision to cancel the acquisition of two mines.

March 2, 2022

Sibanye-Stillwater posts record profit on upbeat commodity prices

Sibanye's profit increased by 13% in 2021 to 33.1 billion rand ($2.16 billion).

March 2, 2022

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

March 2, 2022

Canadian Palladium nearly triples East Bull resource estimate

The updated resource estimate is the culmination of a 20,000m drilling program that substantially increased the size of the East Bull deposit.

February 28, 2022

Impala Platinum reports 9% drop in half-year profit

Prices of PGMs have come off record highs seen early last year.

February 28, 2022

Impala stalls Zimbabwe platinum approach over ownership concern

Zimbabwe’s plan to develop one of the world’s biggest platinum mines stalled after Impala asked for greater transparency on the ownership of a state-run company.

February 28, 2022

Russia’s palladium exports face disruption from flight bans

With most of Europe’s airspace closed to flights from Russia, miners like MMC Norilsk Nickel are examining alternative routes to supply customers.

February 24, 2022

Palladium price hits 6 month high as Russia invades Ukraine

Russia produced 2.6 million troy ounces of palladium last year, or 40% of global mine production.

February 23, 2022

Gold price moves past $1,900 as tensions mount in Ukraine

Palladium also extended gains amid fears of supply concerns from Russia, the top producer.