Norilsk Nickel Predicts Palladium Use to Rise in Jewelry
Bloomberg reported that as platinum jewelry sales increase Norilsk Nickel (LSE:MNOD) predicts palladium jewelry sales will increase too.
Archive for February, 2012
Commodities: Palladium Futures Drop
Bloomberg reported the UBS Bloomberg CMCI index of 26 raw materials dropped 0.3 percent, led by precious metals.
Precious Metals Drop Drastically
Reuters reported palladium and other precious metals fell drastically on Wednesday.
Dion’s Precious Metals ETFs Winners
The Street reported on the biggest gains and losses in ETFs on Tuesday, noting palladium is surging ahead.
Palladium Makes Biggest Jump in Week
Bloomberg reported precious metals including palladium were up on a weaker dollar in New York.
CFTC: Palladium, Precious Metals Gain on Exposure to COMEX, NYMEX
Kitco reported palladium gained as investors increased their exposure to the COMEX and NYMEX in the U.S. markets.
Palladium Drops as Strike Continues
Reuters reported most precious metals were down on Monday as the euro fell and a strike continued at South Africa’s largest platinum group metal mine.
Stillwater Withdraws from Gossan’s Bird River Project
Gossan Resources Limited (TSXV:GSS) announced Stillwater Canada Inc. is resigning as manager and withdrawing from its joint venture agreement regarding the Bird River property.
North American Palladium Announces New Head of Exploration
North American Palladium Ltd. (TSX:PDL,NYSE:PAL) announced Dr. David C. Peck is the company’s new Head of Exploration.
Palladium and Platinum Post Gains for the Week
IBTimes reported that even with a drop in prices Friday, palladium and other precious metals posted gains for the week.
