In the first six months of ’09, palladium’s value could range from $125 to $300 per ounce. The outlook for palladium is positive in some of its applications, however, a worsening economic climate and the possibility of a stronger US dollar could send palladium to as low as $125/oz during the next six months.
On January 5 palladium tumbled nearly 6 percent as the strong dollar knocked down all the precious metals. The metal hit a daily low of $178.50 an ounce, but was quoted at $180.00. On January 12 the metal picked up some steam, and rebounded to $191 per ounce.
Pure Nickel Inc. is pleased to provide an update on several of its exploration programs. For full story, click here
Chancery Resources, Inc. announced the completion of the Acquisition of anundivided one hundred percent interest in certain mineral interestslocated in British Columbia. For full story, click here
The Directors of Probe Mines Limited updates shareholders on the Company’s recent corporate and exploration developments. For full story, click here
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