A Turbulent Month for Palladium
Weak auto sales numbers and the fears of a double-dip recession hindered the price of palladium in early July. However the metal has been rebounding due to better than expected earnings in the US, as well as on the promising news of European bank stress tests.
Auto Sales Drive Palladium Price
Fears of a slowing recovery and a luke warm auto sales market have hurt the price of palladium over the past month. While sales in the largest markets mainly China and the US have improved year over year, data suggests a weaker outlook than predicted.
Palladium Price Soaring
The price of palladium is soaring to a 25-month high on the back of rebounding automotive sales, ETF trading and concerns over a depletion of Russian stockpiles. The price has doubled in the past year, and some analysts see the trend continuing.
Politics & Palladium: Showtime!
Monday, November 2, 2009
Political wrangling over the General Motor bailout could well be the silver lining for Stillwater Mining Co. Other automakers continue to use palladium, thereby ensuring higher prices.
Palladium: A Better Show Than Gold
Monday, October 12, 2009
With the Federal Reserve promising to keep US interest rates at a record low of near zero for the foreseeable future, analysts expect gold and other precious metals to fetch higher prices in the coming months. Palladium prices have been playing catch-up after plummeting in response to sluggish industrial demand and is expected to be a better show than gold in 2009.
URSA Major Minerals Announces New Management Appointments
URSA Major Minerals Incorporated (TSE:UMJ) announced the appointment of Mr. Eric Loch as Vice President, Mine Operations and Projects.
Platinum, palladium to rise next year too
Ibtimes.com reported on Platinum, palladium to rise next year too:
Franconia Minerals Completes 2010 Drill Program at Birch Lake Copper-Nickel-PGM Deposit
Franconia Minerals Corporation (TSE:FRA) announced results from holes BL10-07 through BL 10-11 from the recently completed 2010 drilling program at the Birch Lake deposit in northern Minnesota.
North American Palladium Releases Positive Scoping Study on the Offset Zone
North American Palladium Ltd. (TSE:PDL,NYSE AMEX:PAL) announced positive results from the Preliminary Economic Assessment on its Offset Zone located at the Lac des Iles mine north of Thunder Bay, Ontario.
International Millennium Confirms New Mineralized Zone at Simon Project
International Millennium Mining Corp. (CVE:IMI) has received assay results from diamond drill holes S10-3 and S10-7, at its Simon Mine project in Mineral County, Nevada.
Gold Wheaton Reports Earnings For Second Quarter 2010
Gold Wheaton Gold Corp. (TSE:GLW) announced the financial results of its operations for the three and six months ended June 30, 2010.
Quadra FNX Mining Ltd. Announces 2010 Second Quarter Financial Results
Quadra FNX Mining Ltd. (TSE:QUX) announced net earnings of $21.7 million or $0.16 per share for the three months ended June 30, 2010 compared to a loss of $7.3 million or ($0.08) per share for the three months ended June 30, 2009.
Cadillac to Extend Expiry Date of Outstanding Warrants
Cadillac Ventures Inc. (CVE:CDC) announced that it intends to extend the expiry date of 3,271,028 common share purchase warrants, originally set to expire on August 19, 2010, for an additional six months to February 19, 2011.
Magma Metals Limited-Quarterly Report for the Period Ended 30 June 2010
Magma Metals Limited (TSE:MMW)(ASX:MMW) released its activities and cash flow report for the quarter ended June 30th, 2010.
Crowflight Announces Bridge Loan and Amends Private Placement Financing
CROWFLIGHT MINERALS INC. (TSE:CML) announced that it has amended the previously announced private placement financing to a $5 million bridge loan from King Place Enterprises Limited with the potential for a further financing of $5 million to be arranged by King Place on a commercially reasonable efforts, private placement basis.
Asides 
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Wednesday, July 28, 2010