News
ESKOM: Eskom mulls new maintenance strategy that would leave 5 000 MW gap for two years
- Date: 06-01-20
- Category: ESKOM
- Source: Mining Weekly
The Eskom board will, before the end of January, consider a new approach to the maintenance of its ailing coal fleet – one premised on creating more time and space for intensive maintenance and repair, whereby the utility makes a firm commitment to only a minimum level of supply that falls well short of demand.
View full storyAUTO PRODUCTION: German Car Production Drops to 23-Year Low on Waning Exports
- Date: 06-01-20
- Category: AUTO PRODUCTION
- Source: Bloomberg
German car production fell to its lowest in almost a quarter of a century as Europe’s biggest economy suffers from the fallout of a global trade war.
View full storyEMISSIONS: Anglo American pressed to keep mining thermal coal amid climate-change concerns
- Date: 05-01-20
- Category: EMISSIONS
- Source: The Times
Anglo American has come under pressure from a small cohort of investors to keep mining thermal coal, highlighting the conflicting demands of climate change on the company.
View full storyAUTO SALES: BMW r&d chief sees rising demand for diverse, multifunctional powertrains
- Date: 05-01-20
- Category: AUTO SALES
- Source: Auto News
Electrification will come but the speed of adoption will vary greatly. That is why BMW r&d boss Klaus Froehlich believes that future vehicle architectures will need to be flexible enough to rapidly adapt to tougher global emissions rules as well as changing customer tastes. He shared his thoughts on this and more with Automotive News Europe Associate Publisher and Editor Luca Ciferri during multiple conversations this year.
View full storyESKOM: South Africa's Eskom resumes power cuts after Medupi fault
- Date: 04-01-20
- Category: ESKOM
- Source: Reuters
JOHANNESBURG (Reuters) - South Africa’s struggling state electricity firm Eskom said on Saturday it would cut up to 2,000 megawatts (MW) of power from the national grid overnight, after a conveyor belt failure at its Medupi coal-fired power station.
View full storyESKOM: Load shedding now looks inevitable next week, with Eskom’s breakdowns worse than in early December
- Date: 03-01-20
- Category: ESKOM
- Source: Business Insider
Load shedding - which has been described as the biggest threat to South Africa’s ailing economy - is set to be resumed next week if generator breakdowns continue at present levels. Load shedding - which has been described as the biggest threat to South Africa’s ailing economy - is set to be resumed next week if generator breakdowns continue at present levels.
View full storyPGM PROJECTS: Noront Announces Issuance of Shares
- Date: 03-01-20
- Category: PGM PROJECTS
- Source: Dodson Digest
TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or “the Company”) (TSX Venture: NOT) is announcing that it has issued 200,000 units at an issue price of $0.20 per unit in satisfaction of consulting fees. Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at a price of $0.30 until December 2, 2021.
View full storyAUTO SALES: Tesla Record Pushes Norway’s Share of Electric Car Sales to 42%
- Date: 03-01-20
- Category: AUTO SALES
- Source: Bloomberg
Electric cars’ share of new registrations in Norway surged to a record in 2019, helped by Tesla Inc.’s best year ever in the Nordic country.
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