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PGM PRODUCERS: RBPlats accepts delayed payment terms for BRPM concentrate

  • Date: 18-03-20
  • Category: PGM PRODUCERS
  • Source: Royal Bafokeng Platinum

Security holders are referred to the announcement made by RBPlat on the Stock Exchange News Service on Tuesday, 10 March 2020 in which it notified security holders of the force majeure event claimed (the event) by Anglo American Platinum Limited (Amplats) under the Disposal of Concentrate Agreement (DOCA) between Royal Bafokeng Resources Proprietary Limited (RBR), a wholly owned subsidiary of RBPlat, and Rustenburg Platinum Mines Limited (RPM), a wholly owned subsidiary of Amplats.

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AUTO PRODUCTION: Geely could give Europe's automakers a lesson in beating coronavirus

The European auto industry is in a dark place right now after the coronavirus forced the temporary closure of many factories. In China, however, life is returning to some sort of normality and the steps taken by Geely to get back on its feet give us a look at how that might be achieved for European automakers.

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SOUTH AFRICA: Minerals Council OF South Africa response to Covid-19

  • Date: 18-03-20
  • Category: SOUTH AFRICA
  • Source: Minerals Council

Johannesburg, 18 March 2020: The Minerals Council South Africa yesterday held a special board meeting on the COVID-19 challenges facing the mining industry, with a view to further developing strategies and responses to minimise the virus’s impact on the industry and its employees. Minerals Council CEO, Roger Baxter, notes that: “The mining industry’s preparedness plans are very far advanced, based on established risk-management principles, and are currently being implemented and amended as this

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AUTO PRODUCTION: LMC Automotive COVID-19 - Plant Update

The automotive industry’s focus is now shifting to the widely reported new epicentre of the COVID-19 outbreak, Europe. Demand as well as supply-side impacts upon light vehicle production are emerging as more aggressive policies to contain and delay the spread of COVID-19 are being introduced by an increasing number of countries in the region.

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DIESEL: February’s Diesel Car Market Share was the Strongest Since July 2019

  • Date: 18-03-20
  • Category: DIESEL
  • Source: LMC Automotive

The theme of near plateauing of the diesel car mix continued in February with a preliminary diesel share of 31.8% being recorded across the region.

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PGM PRODUCERS: World’s Biggest Precious Metal Industry Readies for Coronavirus

Platinum and gold mines in South Africa, which together make up the world’s biggest precious metals industry, are gearing up to try and minimize a local outbreak of the coronavirus that could disrupt operations where hundreds of thousands of people work in close proximity.

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PGM PRODUCERS: Sibanye-Stillwater Marikana operations to provide processing capacity to offset Anglo Platinum Force Majeure

  • Date: 17-03-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Further to the announcement on 6 March 2020, regarding the temporary closure of Anglo American Platinum Limited’s (Anglo Platinum) converter plant at its Rustenburg Platinum Mines (RPM) processing facilities, which led to Anglo Platinum declaring Force Majeure (FM) for a period of approximately 80 days, Sibanye-Stillwater has subsequently assessed how best to utilise spare PGM processing capacity at the Marikana operations and at the Precious Metal Refinery in Brakpan (Marikana processing facilities).

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AUTO PRODUCTION: Toyota to resume normal operations at Guangzhou plant

TOKYO/BEIJING -- Toyota Motor Corp. said on Friday that production at its plant in Guangzhou, China, would return to normal on Monday, after a month-long output suspension due to the coronavirus outbreak.

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