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WAGE NEGOTIATIONS: South Africa’s Amplats CEO “confident we can reach agreement” with AMCU

Although marathon wage negotiations in the platinum sector have hit deadlock, Anglo American Platinum (Amplats) CEO Chris Griffith remains optimistic an amicable resolution is in sight.

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PGM PRODUCERS: RBPlat to settle Amplats debt following R2.1bn gold streaming deal with US investment firm

ROYAL Bafokeng Platinum (RBPlat) has sold gold by-product from its platinum group metal (PGM) operations to US investment firm Triple Flag for $145m in cash – enough to settle its outstanding debt with Anglo American Platinum (Amplats).

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ESKOM: SA’s Eskom to cut 2,000MW from grid as load-shedding makes unwelcome summer return

  • Date: 16-10-19
  • Category: ESKOM
  • Source: Mining MX

LOAD-SHEDDING, or rotational power cuts, returned to South Africa after the country’s power utility said shortages would see it reduce 2000MW in supply from today until about 11pm tonight.

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EMISSIONS: Toyota cuts CO2 emissions in new Yaris hybrid with lithium ion battery

  • Date: 16-10-19
  • Category: EMISSIONS
  • Source: Europe Auto News

The new Toyota Yaris hybrid pairs a three-cylinder engine with a lithium ion battery for the first time to reduce CO2 emissions by more than 20 percent compared with the outgoing hybrid, the automaker says.

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PGM PRODUCERS: RBPlat lifts production, milled tonnes in September quarter

  • Date: 16-10-19
  • Category: PG
  • Source: Mining Weekly

Royal Bafokeng Platinum (RBPlat) on Wednesday reported that the total tonnes delivered to concentrators for the three-month period ended September 30, had increased by 9.2% year-on-year to just over one-million tonnes and the total tonnes milled increased by 2.1%, also to just over one-million tonnes.

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MOBILITY: South Korea Speeds Up Plans for Autonomous, Electric and Flying Cars

  • Date: 15-10-19
  • Category: MOBILITY
  • Source: Bloomberg

South Korea unveiled plans to speed up the adoption of electric cars, self-driving vehicles and even flying automobiles in the coming years to help revive a sagging economy.

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AUTO PRODUCTION: U.K. Carmakers Hit by $628 Million Brexit Tab Call for Deal

U.K. carmakers, already reeling from more than 500 million pounds ($628 million) in costs to prepare for Brexit, made an eleventh-hour call on thegovernment to strike a deal with the European Union to safeguard the future of the industry.

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WAGE NEGOTIATIONS: Sibanye hoping to avert AMCU platinum strike after wage deadlock

Sibanye-Stillwater is hopeful that a wage agreement can be reached with trade union AMCU to avert a strike at its Rustenburg and Marikana operations after negotiations deadlocked.

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