Palladium news

#Base Metals #Nickel #Palladium

Zimbabwe Mining Struggles Amid Falling Metal Prices and Rising Costs

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Key industry stakeholders seek government intervention for ailing sector. Challenges in the Mining Landscape Zimbabwe’s primary mining entities report that plummeting metal prices combined with increasing operational costs are jeopardizing the industry’s viability. Notable South African resource conglomerates, including Impala Platinum (Implats), Anglo American Platinum, and Sibanye-Stillwater, play significant roles within this sector. Zimbabwe, recognized as the second-largest global platinum...

#Base Metals #Palladium

Southern Palladium Advances Bengwenyama Project with Mining Right Application

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Southern Palladium has taken a significant step forward with its Bengwenyama Platinum-Group Metal project by submitting a Mining Right Application (MRA) to South Africa’s Department of Mineral Resource and Energy (DMRE). Located on the Eastern Limb of the Bushveld Complex, the project is 70% owned by Southern Palladium. This application marks the transition of the company from a pure exploration...

#Aluminium #Base Metals #Copper

Impact of China’s Slowdown on the Metal Market

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China’s slowing economy is impacting the metal market with prices on a decline. As a major consumer of metals, its economic deceleration prompts traders to look elsewhere, specifically towards oil and select agricultural commodities. Metals Feel the Heat Hedge funds, eyeing the broader picture, anticipate a deeper slump in metals, ranging from platinum and aluminum to silver and copper. This...

#Base Metals #Copper #Palladium

Metal Market Reacts to Chinese Economic Slowdown

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China’s Influence on Metal Trading: The economic slowdown in China, a major metal consumer, is causing concern in global metal markets. This has led to declining prices and traders looking for alternative investment avenues. Impact on Metal Prices: Metals like copper, aluminum, and zinc have decreased in value, with nickel experiencing a notable 38% decline. With China consuming a significant...

#Palladium #Platinum #Precious metals

Regenx Initiates Commercial Production in Tennessee Facility

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Regenx Tech (CSE: RGX) (OTCQB: RGXTF), known for its precious metals recovery technologies, has commenced commercial production at its plant in Greenville, Tennessee. From Commissioning to Production: Following the successful installation of an expanded gas line and the necessary permit approvals, the company has transitioned from its commissioning phase to initiate commercial production operations. This move is expected to accelerate...

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Southern Palladium’s Bengwenyama Project Shows 34% Increase in Mineral Resources

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Southern Palladium, a dual-listed platinum group metal (PGM) company, has reported a significant 34% increase in total Mineral Resources at its Bengwenyama Platinum Group Metal project in South Africa. The project is situated on the Eastern Limb of the renowned Bushveld Complex. The company’s recent update to investors revealed that the total Mineral Resource, including both indicated and inferred resources,...

#Palladium #Precious

Palladium-based compounds may be the superconductors of the future, scientists say

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A whole new generation of superconductors, so needed in many high-tech industries, will be based on palladium compounds, scientists believe, and this may be beneficial for Russia, which boasts the world’s reserves of this rare and expensive metal, as well as almost half of its production. Zero resistance In 1911, Dutch physicist Heike Kamerlingh Onnes discovered that the electrical resistance...

#Analytics #Palladium #Precious metals

Palladium: A story of ups and downs

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The global palladium market is at a turning point: it’s becoming cheaper, but there are also conditions that point to a possible increase in its price. The structure of palladium consumption is changing, preparing the market for a significant transformation. Unnecessary negativity The price of palladium is dropping, which is making investors nervous. In January this year, the price of...