Consulting analysts in tomorrow’s commodities and technologies

News

PGM PRODUCERS: Northam Platinum well set to make year-end free cash flow numbers standard fare

NORTHAM Platinum is to report record platinum group metal (PGM) production from own operations of 519,954 ounces for the year to end-June whilst sales will increase 23% to about 589,069 oz of PGMs, the company said in a trading update on August 11.

View full story

SOUTH AFRICA: Mathunjwa: SA needs dictator style of leadership

  • Date: 13-08-19
  • Category: SOUTH AFRICA
  • Source: Eye Witness News

JOHANNESBURG – Association of Mineworkers and Construction Union (Amcu) president Joseph Mathunjwa said a dictatorship style of leadership was needed in the country to chart the way out of the economic crisis and other challenges.

View full story

SOUTH AFRICA: ‘Strike is illegal’: Mogalakwena calls on police to take action

  • Date: 13-08-19
  • Category: SOUTH AFRICA
  • Source: Review Online

The Mogalakwena Municipality has appealed to the police to take action against any person or civic organisation planning the shutdown in town scheduled for Wednesday, 14 August.

View full story

PGM PRODUCERS: Northam Platinum expects record R2.4bn profit

JOHANNESBURG - Northam Platinum said on Tuesday that it expects to achieve a record operating profit of R2.4 billion for the financial year ended 30 June 2019, up from R823.3 million the previous financial year.

View full story

AUTO PRODUCTION: Honda says it will stop making autos in Argentina in 2020

SAO PAULO (Reuters) - Japan’s Honda Motor Co (7267.T) on Tuesday said it will stop producing automobiles in Argentina next year as part of a global shift in how it shares production between regions.

View full story

PGM PRODUCERS: Atlatsa Resources comprehensive restructuring and going private transaction

  • Date: 12-08-19
  • Category: PGM PRODUCERS
  • Source: Atlatsa Resources

AtlatsaResources Corporation (“Atlatsa”or the “Company”) (TSX: ATL; JSE: ATL)shareholders (“Shareholders”) are referred tothe notice of special meeting and management information circular to Shareholders dated Thursday, July 4, 2019 (“Circular”), wherein Shareholders were advised of, interalia, the Composite Transaction (as defined in the Circular) to be implemented by way of a Canadian court-approved plan of arrangement (“Plan of Arrangement”) ...

View full story

SOUTH AFRICA: Mokopane braces for 2nd shutdown in 2 weeks

  • Date: 12-08-19
  • Category: SOUTH AFRICA
  • Source: Review Online

The shutdown, which will again affect the entire Mogalakwena region including the mines and surrounding villages, comes on the back of previous protests and a shutdown march that took place on 1 and 2 August.

View full story

PGM PROJECTS: Palladium One Reports Reconnaissance Prospecting Returning 3.106 g/t PGE, 0.78% Cu, and 0.13% Ni at the LK Project, Finland

VANCOUVER, British Columbia, Aug. 12, 2019 (GLOBE NEWSWIRE) -- Palladium One Mining Inc. (TSX-V: PDM, FRA: 7N11) (the "Company" or "Palladium One") is pleased to announce that technical director, Neil Pettigrew, recently completed a site visit and reconnaissance prospecting on the Company's Lantinen Koillismaa (LK) Project located in North Central Finland.

View full story