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AUTO SALES: UK new car registrations fall -44.4% in March as coronavirus crisis hits market

  • Date: 06-04-20
  • Category: AUTO SALES
  • Source: SMMT

The UK new car market declined -44.4% in March, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). In the important plate change month 203,370 fewer cars were registered than in March 2019, as showrooms closed in line with government advice to contain the spread of the coronavirus.

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LITHIUM: Livent Resumes Operations In Argentina

  • Date: 06-04-20
  • Category: LITHIUM
  • Source: Livent

PHILADELPHIA, April 6, 2020 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced that it has resumed operations in Argentina after receiving authorization from the government. The company will continue to work closely with local authorities to ensure all necessary precautions are taken to protect the health and well-being of employees, their families and the communities in which it operates.

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GOLD: Swiss gold refiners to resume work, easing supply constraints

  • Date: 05-04-20
  • Category: GOLD
  • Source: Reuters

LONDON, April 5 (Reuters) - Three of the world’s biggest gold refineries said they will partially reopen after a two week closure that disrupted global supply of the metal.

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ESKOM: With low demand, Eskom can now maintain its system, but warns it will be at a cost

  • Date: 05-04-20
  • Category: ESKOM
  • Source: Times Live

Power utility Eskom says though the low electricity demand during the lockdown gives it an opportunity to maintain its power stations, the lower usage also has negative financial implications.

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ESKOM: Lockdown to hit Eskom’s revenue by R3bn

  • Date: 05-04-20
  • Category: ESKOM
  • Source: Business Live

Eskom expects to take a more than R3bn hit to its revenue over the 21-day lockdown due to low demand for electricity and an anticipated lower collection rate as customers come under financial pressure, the power utility's CFO, Calib Cassim, said on Friday.

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PGM PRODUCERS: Northam buys R1.27bn in Zambezi preference shares after doubling loan note programme

NORTHAM Platinum took its ownership of Zambezi Platinum to 33.4% from 22% previously after buying 16.7 million of the firm’s preference shares on April 3.

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PGM PROJECTS: Tharisa: Developing a future in Zimbabwe

  • Date: 04-04-20
  • Category: PGM PROJECTS
  • Source: Mining Review

In a bid to diversify its asset base and revenue stream from its PGM and chrome asset in South Africa, JSE-listed Tharisa has done so by acquiring low-risk entry options in two projects – Salene Chrome and Karo Platinum – both of which are located the within the mineral-rich Great Dyke in Zimbabwe.

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PGM PROJECTS: Platinum Group Metals Ltd. Reports Impala's Waterberg Amended Purchase and Development Option Agreement Completed; Work Program in Progress

  • Date: 03-04-20
  • Category: PGM PROJECTS
  • Source: Platinum Group Metals

In consideration for the amendment, announced February 27, 2020, Implats is funding 100% of a new implementation budget and work program (the "Work Program") effective February 1, 2020. The Work Program, as approved by Waterberg JV Co., is aimed at increasing confidence in specific areas of the Waterberg DFS while awaiting the expected grant of a Mining Right and Environmental Authorization and is estimated to cost approximately Rand 55 million.

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