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Palladium capitalizes on down economy

Wednesday, April 1, 2009

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Palladium’s gains were snapped last Friday as the greenback rallied. The precious metal came under pressure as a study from the University of Michigan showed an unexpected increase in consumer confidence. This reduced the metals “safe-haven” appeal.

Palladium steady despite precious metal price retreat

Wednesday, March 25, 2009

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Palladium was the only precious to be on the positive track on Monday, as the equity rally deteriorated the flight to safe haven investments. Palladium’s near term outlook remains bleak, as reports from Europe said that car registrations dropped 18 percent in February.

Palladium companies report stark ’08 figures

Wednesday, March 4, 2009

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This week, palladium finally began to follow gold and lose some of its safe haven appeal. After holding steady and resisting gold’s sell-off, platinum and palladium have finally succumbed, dropping rapidly in this morning as poor auto industry numbers rolled in.

Palladium ETF securities soar

Tuesday, February 10, 2009

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Exchange Traded Funds that deal in the precious metals have been seeing an increase in business, lately. ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to Feb. 6.

ETF Securities London palladium holdings has hit records

Tue, Jun 23, 2009

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September PAU9 dipped $2.80

Wed, Jun 17, 2009

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September PAU9 dipped $2.80, or 1.2 percent, at $240 an ounce, following platinum’s losses. For full story, click here

Duluth Metals has expanded exploration land holdings

Tue, Jun 16, 2009

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Duluth Metals Limited declared the successful acquisition of 3,353 acres by way of nine prospective mineral leases from the State of Minnesota. For full story, click here

US September remain unchanged at $256

Fri, Jun 12, 2009

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September PAU9 unchanged at $256.00 an ounce, as traders looked for a definite direction from the latest development of the battered U.S. auto industry. For full story, click here

North American Palladium will open Lac des lles Mine

Fri, Jun 12, 2009

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North American Palladium has confirmed it intends to reopen its Lac des Iles mine when palladium reaches about $800 per oz. For full story, click here

North American Palladium has eyed January Mine Restart

Wed, Jun 10, 2009

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North American Palladium Ltd. will reopen its Lac des Iles Mine in Thunder Bay, Ontario, when palladium reaches a sustainable price of about $300 per troy ounce?a once-elusive goal that is now almost within reach. For full story, click here

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