Rusal Continues Plan to Overtake Norilsk
Bloomberg reported Rusal (HKG:0486) is moving forward with plans to obtain Norilsk Nickel (LSE:MNOD) and create a firm to rival BHP (NYSE:BHP).
Bloomberg reported Rusal (HKG:0486) is moving forward with plans to obtain Norilsk Nickel (LSE:MNOD) and create a firm to rival BHP (NYSE:BHP).
Minweb reported Stillwater Mining (NYSE:SWC) CEO Frank McAllister said 2011 was a good year for the palladium and platinum producer with strong production.
After a rough year in 2011, palladium has started 2012 on an upward trend. The metal has surpassed and maintained a position above $700 an ounce. But is palladium really upward bound for the long term?
IBTimes reported Russia's Norilsk Nickel (LSE:MNOD), the world's largest palladium producer, is cutting production due to slowing demand.
CNBC reported shares of major mining, base metals and steel companies were mostly trading higher on Thursday.
Fox Business reported OAO Norilsk Nickel (MCX:GMKN) said Monday that it won't issue convertible bonds if the current market turmoil persists.
Trading house Trafigura has little future as a shareholder in Russian group Norilsk (MCX:GMKN) but may become a partner in international projects.
North American Palladium Ltd. (TSE:PDL,NYSE:PAL) provided an update on the drill results from its 2011 exploration program at the Lac des Iles palladium mine.
NASDAQ reports North American Palladium (AMEX:PAL,TSE:PDL) reported a second quarter gain of $0.03.
INV Metals Inc. (TSE:INV) reports its financial results for the three and six month periods ended June 30, 2011.
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