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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 PRODUCERS: Nornickel may not sell all output if coronavirus crisis drags - report

MOSCOW, April 3 (Reuters) - Russian nickel and palladium producer Norilsk Nickel (Nornickel) may find it hard to sell all of its output, as it normally can, if the coronavirus crisis persists, the company’s largest shareholder and president told a daily newspaper.

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PGM PRODUCERS: Zimplats granted permission to continue mining and processing operations

On 27 March 2020, the President of Zimbabwe announced a 21-day lockdown directive, with the intention of curbing the spread of COVID-19 in Zimbabwe, which started on Monday, 30 March 2020. The lockdown is to continue until midnight on Sunday, 19 April 2020. Zimplats supports the decision taken by the Government of Zimbabwe to help flatten the curve of the COVID-19 infection rate and is committed to contributing where it can to the country’s socio-economic stability.

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PGM PRODUCERS: Impala Platinum Holdings still operating in Ontario, Zimbabwe

Platinum group metals giant, Impala Platinum Holdings, said yesterday that Canadian mining operations have been classified as an essential business by the Ontario government and is permitted to operate during the provincial 14-day lockdown. In the fall Impala Platinum Holding paid $750 million for Ontario miner North American Palladium.

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PGM PRODUCERS: Zimplats granted permission to continue Zimbabwean operations

Impala Platinum (Implats) subsidiary, Zimplats, has been granted permission to continue its Zimbabwean operations despite a national 21-day lockdown in the country, which came into effect from March 27 to midnight on April 19.

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PGM PRODUCERS: Northam Platinum joins peers in declaring force majeure

Like its larger fellow miners, the company has been affected by the Covid-19 lockdown and is now running just one furnace

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PGM PRODUCERS: Sibanye-Stillwater to declare force majeure on S.African platinum output

JOHANNESBURG/LONDON, March 30 (Reuters) - Platinum producer Sibanye-Stillwater said on Monday it would declare force majeure on supply contracts for platinum group metals (PGM) after it temporarily closed its South African mines to comply with a three-week national lockdown.

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PGM PRODUCERS: Impala Platinum declares force majeure on supply from South African mines

LONDON/JOHANNESBURG, March 30 (Reuters) - Impala Platinum has declared force majeure all of its contracts as it shuttered its South African operations to comply with a three-week national lockdown, a source with direct knowledge of the matter said.

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