Palladium price Drops Below Platinum For First Time In Five Years
Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, which accounts for 80% of demand, to start replacing it with the cheaper platinum in autocatalysts. The rising adoption of electric vehicles, which do not require any off-gas treatment system, further worsened the metal’s prospects. “That means that […]
Chiefs Of Ontario Ask Provincial Government For Year-Long Moratorium On Mine Claims Staking
The Chiefs said the increase in claims led to an “insurmountable” administrative burden for First Nation communities responsible for reviewing and responding to the mining claims. “In accordance with Resolution 23/30S, which was passed at the Fall Chiefs Assembly 2023, the Chiefs of Ontario are calling on the Government of Ontario to declare a territory-wide […]
Wyloo Looks Ahead To Ring Of Fire Development Despite Indigenous Resistance
The camp at the Eagle’s Nest project in Ontario’s Ring of Fire: Credit: Wyloo Metals Kristan Straub, CEO of Wyloo Metals Canada, earlier this week addressed business leaders in Thunder Bay, Ontario, where he updated his audience on the company’s plan for Ontario’s Ring of Fire properties and how engagement with First Nations is conducted. […]