Pan Palladium Limited declared that a notice to hold a general meeting on Thursday 30 April 2009 at 11.00 am at The Birch Room, Swissotel, 9th Floor, 68 Market Street, Sydney, New South Wales. For full story, click here
June palladium fell $8.50 at $215.20 an ounce, tracking platinum’s weakness. For full story, click here
Marathon PGM Corporation announced that it has agreed to buy a land package consisting of one mining lease and one claim block covering a total of 329 hectares, adjoining the northern border of the Marathon PGM-Cu Project located 10 km north of Marathon, Ontario, from Benton Resources Corp. For full story, click here
Nortec Ventures Corp. reported that it is in negotiations for the possible acquisition of a subsidiary of a public company which indirectly holds title to a resource project. For full story, click here
Palladium has shifted up by 38% from its lows to around $221 an ounce. For full story, click here
Palladium was the only precious to be on the positive track on Monday, as the equity rally deteriorated the flight to safe haven investments. Palladium’s near term outlook remains bleak, as reports from Europe said that car registrations dropped 18 percent in February.
Palladium tracked its sister metal lower across the day but found good support around $205. For more information, click here
Solitario Exploration & Royalty Corp., a gold, silver, platinum-palladium, and base metal exploration and royalty company actively exploring in Brazil, Mexico, Peru and Bolivia, declared that Brian M. Labadie has been appointed as Chairman of the Board. For full story, click here
The June contract for palladium gained 0.2% to $211.30 an ounce. For full story, click here
Palladium traded to a low of $189 at NYMEX session. However, it stabilized across the remainder of the day, settling down $3 at $196. For full story, click here
Monday, March 30, 2009