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The global semiconductor manufacturing industry is on track for recovery in the fourth quarter of 2023, setting the stage for continued growth in 2024, Semi and Techinsights predict. Q4 IC sales are expected to rise 4% sequentially as end demand improves and inventories normalize. Electronic sales are predicted to register a robust +22% QoQ increase in Q4 2023.

Global mined silver production is expected to fall 2% year-on-year to 820Moz in 2023, driven by lower output from operations in Mexico and Peru, according to The Silver Institute.

In the trial from late October through January, a specially modified van from Toyota's HiAce series is being used by local construction and security firms to confirm the vehicle's operability and durability on roads in the suburbs of Melbourne.

The business lost over $1.5 billion in value at the end of last week following a shocking announcement

Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to the rapid spread of electric vehicles and automakers choosing cheaper platinum for their autocatalysts.

A contract worker has died in a machinery accident at an underground precious metal mine in south-central Montana and work has temporarily stopped while the death is investigated, mine officials said.
The worker was preparing an area for future mining early Monday at the Stillwater Mine. He was bolting up wire panels to prevent falling rock when the accident happened, said Heather McDowell, a ...

Gold is trying to settle below the support at $1940.
Silver is moving lower amid a broad pullback in precious metals markets.
Platinum tested new lows while palladium settled below the key $1000 level.

Sibanye-Stillwater has spread its global net further afield after the $155.4m acquisition of a US metals recycling business Reldan, headquartered in Pennsylvania, who processed about 23 million pounds of e-waste and produced 145,000 Toz of gold, 1.9 Moz of silver, 22,000 Toz of palladium, 25,000 Toz of platinum, as well as 3.4 million pounds of copper.

As for palladium, the Reuters survey expects the price to average $1,250 an ounce in 2024, down from $1,369 in previous surveys. Palladium tumbled 40% so far this year, hitting five-week lows at $1,083.

For palladium, the poll forecast average prices of $1,250 an ounce in 2024 -- down from a forecast of $1,369 in the previous poll.
Palladium is down 38% so far this year and touched $1,083 last week, its five-year low, amid rapid rise of palladium-free electric vehicles and platinum for palladium substitution.