Following its recent dramatic rise, the question on everyone’s lips is what will the future bring for palladium price prospects in the short, near and long-term time horizons. Answers to these questions depend on both demand and supply dynamics for the metal.
Colossus Minerals Inc. announced today the closing of its bought deal offering saying that a total of $24.7 million has been raised including 1.5 units of the over-allotment. Proceeds of the financing will mainly be used to advance the Serra Pelada gold and platinum group metal project in Brazil.
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