Tag Archive | "Norilsk"

Norilsk Nickel Will Not Stock Palladium from 2011-2015

Tuesday, May 25, 2010

Russia’s Norilsk Nickel (GMKN.MM), world’s largest palladium producer has confirmed that it will not be focusing on palladium production from 2011 to 2015. Deputy CEO Viktor Sprogis is quoted saying: “The company and other main market players conclude on the basis of indirect indicators that the state palladium stocks will not be a decisive factor [...]

Norilsk’s palladium output fell dipped 1.2 percent

Thursday, April 30, 2009

The world’s top nickel and palladium producer, Russia’s Norilsk Nickel reported that its output of palladium in the first quarter of this year dipped 1.2 percent to 590,000 ounces. For full story, click here

Norilsk to suspend its Black Swan and Lake Johnston operations

Monday, February 16, 2009

Norilsk International, a subsidiary of OJSC MMC Norilsk Nickel, announces that it will suspend its Black Swan and Lake Johnston operations (Western Australia), placing them under care and maintenance effective immediately. For full story, click here

“Palladium output to fall”

Thursday, January 29, 2009

Norilsk Nickel  says nickel, platinum and palladium output to fall from previously planned levels. For full story, click here  

What does 2009 have in store for palladium?

Wednesday, January 28, 2009

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.

Palladium in limbo over auto bailout

Tuesday, December 16, 2008

Spot palladium rebounded on Monday, up more than 5 per cent from New York’s notional close of $168.00. Palladium hit $176.50 per ounce as technical buying emerged after demand worries stemming from an ambiguous auto industry vote hit platinum group metals on Friday.

Palladium production at Norilsk

Monday, December 15, 2008

Output of Palladium in January to September 2008 was 2.124 million ounces. For full story, click here

Palladium production at Norilsk

Monday, December 1, 2008

Output of Palladium in January to September 2008 was 2.124 million ounces. For full story, click here  

Who will be better for palladium prices? Barack or John?

Tuesday, November 4, 2008

Palladium finally got some upside last Wednesday, when it rose 5 percent on the sentiment that the recent price slip in the metal was overdone. Prices for palladium have fallen 56 percent in the third quarter, dropped 34 percent last month alone.

Palladium spot prices rise on NYMEX

Tuesday, October 7, 2008

Palladium and other precious metals commonly used in industrial applications, such as platinum and silver, showed small improvements today, although the strength of the US dollar has been affecting their market values in the recent past.

Palladium Price Chart
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