Gold still powering ahead and upside in the palladium/PGM prices I reckon, just as we are making big inroads revealing our low cost, high grade open pit Au-PGM deposit.

The EV story is faltering, which was one reason why PGM prices slumped. Mercedes, etc delaying the big EV rollout, so more PGMs will be required for petrol, diesel and hybrids.

Hybrids have larger catalytic converters than petrol cars as well.

Mercedes-Benz Delays Its EV Plans, Will Keep Making Combustion Engines

https://insideevs.com/news/709767/mercedes-benz-delays-ev-plans/

Ford plays it all ways, focusing on EVs, hybrids, and gas engineshttps://www.themanual.com/auto/ford-invests-in-ev-gas-and-hybrid-vehicles/


Our PGM competitors are hurting bigtime. A few high cost mine closures will do wonders for the PGM prices.

Less nickel mining due to low prices means less PGM byproduct as well.

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

https://www.mining.com/sibanye-stillwater-flags-2-58bn-write-down-on-metals-prices-collapse/

Impala Platinum considers mine closures after profit slump

https://www.reuters.com/markets/commodities/platinum-giant-impala-restructures-palladium-mines-cuts-spending-profit-slumps-2024-02-29/

Zimplats posts rare loss as weak metal prices drive earnings down by a massive 105%

https://www.miningindex.co.zw/2024/02/28/zimplats-posts-rare-loss-as-weak-metal-prices-drive-earnings-down-by-a-massive-105/

Tharisa delays Zimbabwe platinum mine, citing weak prices and uncertain economy

https://www.mining.com/web/tharisa-delays-zimbabwe-platinum-mine-citing-weak-prices-and-uncertain-economy/

Northam Platinum pauses some capital projects amid metal price routhttps://www.reuters.com/markets/commodities/safricas-northam-pauses-capital-projects-amid-platinum-price-rout-2024-03-01/

Anglo American’s platinum arm to cut 3,700 jobs as metal’s price dives
https://www.theguardian.com/business/2024/feb/19/anglo-americans-platinum-arm-to-cut-3700-jobs-as-metals-price-dives