Streaming issues? Report here
money-show-thumbnailjpg money-show-thumbnailjpg
The Money Show with Bruce Whitfield
18:00 - 20:00
volume_up
volume_mute

Up Next: The Aubrey Masango Show
See full line-up
The Money Show with Bruce Whitfield
18:00 - 20:00
Home
arrow_forward
Business

A precious metal found in SA mines surges - and it's not gold - it's palladium

9 January 2020 7:40 PM
Tags:
Eskom
Loadshedding
Budget
Finance

Not everything that glitters is gold… let’s understand Palladium.

Palladium is going up to close to 2100 dollars an ounce.

Electric cars like Elon Musk's Tesla are driving a surge in the precious metal palladium - mainly available in limited supply from mines in South Africa and Russia.

Across the mining board platinum is also getting a lot of attention .

Palladium is a byproduct of platinum mining.

Peter Major, Director of Mining - Mergence Corporate Solutions, makes sense of it all.

Palladium works fantastically well in catalytic converters in cars that burn petrol. the whole world has moved to more stringent vehicle standards. Palladium works the best.

Peter Major, Director of Mining - Mergence Corporate Solutions

When these things move, the sky's the limit. Even the platinum shares. This index today is only a third of where it was in 2007/2008.

Peter Major, Director of Mining - Mergence Corporate Solutions
Tesla's Model 3 electric sedan. Picture: www.teslamotors.com.

Listen to the full interview below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning.


9 January 2020 7:40 PM
Tags:
Eskom
Loadshedding
Budget
Finance

More from Business

waiter jpg

'Some restaurants are holding on to waiters' tips to claw back their losses'

12 August 2020 7:53 PM

Yes, restaurants are struggling, but that doesn't make it ok to shortchange staff says Wendy Knowler on The Money Show.

Share this:
Read More arrow_forward

Sars online tax return revenue service 123rfbusiness 123rfpersonalfinance

Have you been auto-assessed by Sars? Here's what you need to know

12 August 2020 7:34 PM

Tax expert Thamsanqa Msiza (Tax Consulting South Africa) tells The Money Show what taxpayers need to check and be aware of.

Share this:
Read More arrow_forward

Dandelion flower

It has not been a good year for rubber

12 August 2020 7:15 PM

The wheels may be coming off for the substance gets us around the world

Share this:
Read More arrow_forward

Cyril Ramaphosa

Is Ramaphosa ready to announce Level 2? What an economist would like him to say

12 August 2020 6:51 PM

The Money Show's Bruce Whitfield interviews Kevin Lings, chief economist at Stanlib Asset Management.

Share this:
Read More arrow_forward

Out of business 123rf 123rfbusiness 123rflifestyle

R200b Covid-19 loan scheme's paid out only R13b. Can a makeover get it to work?

11 August 2020 8:48 PM

Since it launched in May, the scheme's helped only 6.6% of businesses it targets. Will recent changes lead to improvement?

Share this:
Read More arrow_forward

netflorist-haroldpng

Why NetFlorist should be congratulated for bringing back whiny Harold

11 August 2020 8:14 PM

Branding expert Andy Rice explains why NetFlorist's radio campaign is his advertising hero of the week.

Share this:
Read More arrow_forward

123rf A pile of two hundred rand notes, South African currency money

Eskom pensioners receive Covid 19-relief bonuses totalling R104m

11 August 2020 7:25 PM

The Money Show's Bruce Whitfield interviews Eskom's Linda Mateza about the once-off payment to its pensioners.

Share this:
Read More arrow_forward

190715-des-van-rooyen-edjpg

Thank God van Rooyen wasn't finance minister for longer, Zondo commission told

11 August 2020 6:43 PM

Lungisa Fuzile (former National Treasury DG) tore into former minister Des van Rooyen's performance and choice of advisers.

Share this:
Read More arrow_forward

Female woman businesspeople diverse office 123rf 123rfbusiness

It’s far less risky to lend to a female entrepreneur than a male one - research

11 August 2020 9:26 AM

Studies across the world and industries consistently show women-entrepreneurs have a better risk profile, says Janeesha Perumal.

Share this:
Read More arrow_forward

WhatsApp-message-log-app-smartphone-social-media-texting-technology-123rf

Pyramid schemes: It's greed, you think you stand a better chance than the others

8 August 2020 2:44 PM

National Consumer Commission director of prosecutions Joseph Selolo says you can't be naive or claim to be duped.

Share this:
Read More arrow_forward