Japan Targeting Palladium, Platinum
Mining Weekly reported Japan's trading houses are targeting deals to secure platinum and palladium supplies to meet expected shortages later this decade with an expected increase in auto sales.
Mining Weekly reported Japan's trading houses are targeting deals to secure platinum and palladium supplies to meet expected shortages later this decade with an expected increase in auto sales.
IBTimes takes a look at what's available to investors in South Africa noting ETFs are a good place to start.
CNBC reported as palladium dropped the platinum to palladium ratio fell to a new low in three months.
Bloomberg reported that as platinum jewelry sales increase Norilsk Nickel (LSE:MNOD) predicts palladium jewelry sales will increase too.
Reuters reported Stillwater Mining Co (NYSE:SWC) posted fourth-quarter results beating market expectations.
Kitco reported one analyst says palladium supply shortages will push the price faster than platinum.
IBTimes reported reported car sales figures were up in August, but neither platinum nor palladium benefitted from the news.
Prophecy Platinum Corp. (CVE:NKL,OTC:PNIKF,FRA:P94P) reports the drill results m for its first completed hole on the Wellgreen project.
US regulators order $26 million in penalties for a scheme called banging the close, which was employed to manipulate the prices of futures contracts.
Using palladium instead of platinum in emission systems may save automakers a lot of money initially. But, the shift could aggravate supply problems that are already in the forecast.
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