Palladium Slides on Weak Demand for Cars in EU
Palladium – Reuters reported that palladium declined 2.7% on news that the demand for new vehicles in the European Union continues to weaken.
Palladium – Reuters reported that palladium declined 2.7% on news that the demand for new vehicles in the European Union continues to weaken.
Palladium – Reuters reported that Japan Oil, Gas and Metals National Corp (JOGMEC) confirmed the presence of 188 tons of palladium in South Africa’s Waterberg region.
Palladium – Reuters reported that palladium was up 1.6% as the dollar weakened on Thursday, triggering bargain hunting.
Palladium – Reuters reported that palladium dropped 0.8% on Wednesday on signs that the US Federal Reserve is moving closer to ending its stimulus program.
Palladium – Marketwatch reported that commodities economists at Capital Economics say palladium is set to see big gains by the end of 2014 as production for this precious metal continues to decline.
Palladium – Bloomberg reported that while other precious metals declined significantly as the dollar became stronger, palladium only dropped slightly at 0.3% to $764.95 an ounce.
Palladium – Reuters reported that as US retail sales rise at its highest level in 5 months, palladium fell on Wednesday.
Palladium – Sama Resources Inc. (TSXV:SME) announced that drill hole SM25-112519 intersected a mineralized zone of 2.84 gpt palladium over 11-meter thick grading at its Samapleu Extension 1 Deposit.
Palladium – Minfocus Exploration Corp. (TSXV:MFX) announced that the first assay results on its Chief Peter Property situated in Northwest Ontario shows 1.41 g/t Palladium on part of the CP13-02 hole.
Palladium – Stillwater Mining Company (NYSE:SWC, TSX:SWC.U), a palladium producer, has released its 2012 earnings report, which showed that its reserves have expanded significantly.
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