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    Russian Miner’s See Drop In South African Palladium Production

    Investing News Network
    Aug. 17, 2012 12:30PM PST
    Precious Metals Investing

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) and its partners saw a decline in nickel and palladium production in South Africa.

    Mining Weekly reported Norilsk Nickel (LSE:MNOD) and its partners saw a decline in nickel and palladium production in South Africa.

    As quoted in the market news:

    Tati’s palladium production also fell. In the second quarter, it totalled 18 000 troy ounces of palladium in concentrate, down 5% from the first quarter number of 19 000 troy ounces. 
    For the first half of this year, output was 37 000 troy ounces, a fall of 11% in relation to the 42 000 troy ounces produced during the first half of last year.

    Click here to read the full Mining Weekly report.

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