Stampede For A Slice Of Exciting Australian Palladium Discovery

Apart from a handful of specialist exchange-traded funds, or by sending your money to Russia or South Africa, there are few ways to get exposure to the hottest of the precious metals, palladium — but that might be changing.

In Australia, a palladium “drought” looks like it might be breaking with early signs of a significant discovery of the metal which has traditionally played second fiddle to its big sister, platinum.

It’s early days for Chalice Gold, the small explorer which has made the discovery near the west coast city of Perth, but when it launched a fresh fund-raising exercise last week it was bowled over in the stampede.

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