Articles Tagged "ounce"

Pan African Increases Phoenix Resources to 15.8%

Pan African, gold mining company that produces approximately 100,000 oz per year, has announced that it would increase its resource to 15.8% in its Phoenix project to 469 000 oz of 4E PGM (platinum, palladium, rhodium and gold). Pan African CEO Jan Nelson is quoted saying: “The increase in the total resources, assuming a 50% [...]

Million Ounces of Palladium Will Hit This Year According to Johnson Matthey

Johnson Matthey study estimates that 960,000 ounces of palladium were sold from Russian state stocks during 2009. This is compared with mine supplies of 6.14 million ounces, or 7.77 million ounces of gross palladium demand. The end of the study shows the sales of Russia and its shipments of palladium from Russia to Switzerland from [...]