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.
Exchange Traded Funds that deal in the precious metals have been seeing an increase in business, lately. ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to Feb. 6.
Marathon Resources Ltd and Strzelecki Metals Ltd have received final assay results for samples from drilling completed on 18th August 2008 at the Warburton Joint Venture in Western Australia. For full story, click here
Marathon Resources Ltd and Strzelecki Metals Ltd have received final assay results for samples from drilling completed on 18th August 2008 at the Warburton Joint Venture in Western Australia. For full story, click here
A eight-hole, 3895 metres drill program has been completed on the Seagull ultramafic intrusion located 85 kilometres north of Thunder Bay, Ontario. For full story, click here
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