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PGM PRODUCERS: Amcu signs platinum deal and plans for new battle

  • Date: 22-11-19
  • Category: PGM PRODUCERS
  • Source: North East Tribune

The Association of Mineworkers and Construction Union (Amcu) finally signed the wage deal with platinum producers after four months of negotiations but vowed that the battle against job losses in the industry is about to begin.

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PLATINUM: Platinum Catch-22 Prevents Miners Tapping World’s Hottest Metals

  • Date: 22-11-19
  • Category: PLATINUM
  • Source: Yahoo

(Bloomberg) -- South African miners face a conundrum: increasing palladium and rhodium output to take advantage of soaring prices risks depressing the already fragile market for sister metal platinum.

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SOUTH AFRICA: Joint operations centre set up to quash platinum belt unrest

  • Date: 22-11-19
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

In the face of escalating community unrest on the eastern limb of the platinum belt, the Minerals Council and the police plan to set up a joint operations centre in the region. Data suggests the area is in a state of worsening social turmoil amid sky-high unemployment and conflict over resource control.

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JEWELLERY: Platinum Jewellery Business Review

  • Date: 22-11-19
  • Category: JEWELLERY
  • Source: PGI

The Platinum Jewellery Business Review (PJBR) is an annual report by Platinum Guild International (PGI), analysing retail sales of platinum jewellery, trade performance and consumer sentiment in PGI’s four key international platinum jewellery markets of China, India, Japan and USA.

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DIESEL: GM and Isuzu investing $175M for plant for diesel engine components

  • Date: 22-11-19
  • Category: DIESEL
  • Source: Green Car Congress

General Motors and Isuzu announced a $175-million investment through their DMAX joint venture to build an all-new, diesel engine components plant in Brookville, Ohio. The new 251,000 square-foot facility would expand the production of critical engine components for the company’s current DMAX diesel engine manufacturing operation in Moraine, Ohio.

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SOUTH AFRICA: Julius Malema on Eskom, expansion and the future of the EFF

EFF leader Julius Malema spoke about the party's views on state-owned enterprises and expanding the EFF at a media briefing on Thursday ahead of the party's December elective conference at Nasrec.

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ESKOM: Ramaphosa defends Eskom CEO appointment

  • Date: 22-11-19
  • Category: ESKOM
  • Source: Sowetan Live

President Cyril Ramaphosa has hit back at criticism that the appointment of Andre de Ruyter as the new Eskom CEO was anti-transformative, insisting that De Ruyter had the appropriate skills for the job.

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PGM PRODUCERS: Northam proves doubters wrong as platinum firm snaps up Zambezi shares for value

NORTHAM Platinum had overcome doubts about its ability to buy back shares in Zambezi Platinum for value after securing about 23% of the company’s stock since August.

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