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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer

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To: Ptaskmaster who wrote (435)2/1/2000 8:24:00 PM
From: Aurum   of 976
 
Hi Ptask,
I occurred to me that it might be instructive to see if the exports of palladium from Russia parallel the exports of nickel and copper over the last 5 years. The ratio should be relatively constant, unless new mines have started producing, or old mines have closed.

If the decline in palladium is paralleled by a similar decline in nickel and copper, then I think it is safe to assume that PGMs are not being held back to any large extent.

Regarding Noril'sk, it seems that they also have a de-commissioned nuclear reactor on site to add to their woes. bellona.no
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