NAP unveils palladium expansion details, sees capex at C$204m

Toronto-based North American Palladium expects to achieve commercial production from the new Offset zone at its Lac des Iles mine, in Ontario, in the third quarter of 2012, CEO Bill Biggar said on Tuesday. The company has completed a scoping...

Gold bulls dominate in survey of 30 commentators

It is almost as if the bells that toll 'Auld Lang Syne' also bring commentators out in force to predict precious metals prices. In a comprehensive report, LBMA brings together 30 contributors that give their estimates on the high, low and average...

Platinum, palladium surplus seen in 2003

Platinum supply has been growing faster than rising demand and is therefore projected to shift into a surplus in 2003 that could be as large as 199 000 oz, precious metals research group CPM Group said Tuesday.

Gold investment demand hits 35-year high – survey

The sharp rise in gold prices in 2002 boosted global investment demand for the yellow metal to a 35-year high, but cut its use in fabricated products, precious metals research firm CPM Group said.