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PGM PROJECTS: Zimbabwe Platinum Venture Needs $500 Million for First Phase

  • Date: 17-11-19
  • Category: PGM PROJECTS
  • Source: VOA Zimbabwe

HARARE (Reuters) - Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) requires a further $500 million for the first phase of its Zimbabwean mining project and is in advanced financing talks with Russian and South African lenders.

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SOUTH AFRICA: Platinum sector seals pay deal

  • Date: 17-11-19
  • Category: SOUTH AFRICA
  • Source: Business Live

The world's largest platinum producers have sealed a pay agreement with the sector's biggest labour union in SA, concluding negotiations that started in July and putting workers' remuneration on the back burner for the next three years.

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WAGE NEGOTIATIONS: NUM holds first rally in Marikana since 2012 massacre

JOHANNESBURG – The National Union of Mineworkers (NUM) is holding its first rally in Marikana striking Lonmin mineworkers were shot dead by police seven years ago.

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ESKOM: Everyone needs to buy into fixing Eskom – Gordhan

  • Date: 17-11-19
  • Category: ESKOM
  • Source: My Broadband

Every role player in South Africa needs to buy into the fixing of Eskom, Public Enterprises Minister Pravin Gordhan told the City Press.

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WAGE NEGOTIATIONS: Wage deal with Amcu averts a strike in SA’s platinum sector

After four months of negotiations, the platinum sector has managed to avert a strike as three major producers inked a wage deal with the majority union.

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ESKOM: Electricity debt impasse will plunge us into darkeness

  • Date: 16-11-19
  • Category: ESKOM
  • Source: Sowetan Live

The impasse over the R18bn debt to Eskom by Soweto residents represents a ticking time bomb if quick and sustainable solutions are not found.

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ESKOM: Very low reliability levels of generation plant performance

  • Date: 16-11-19
  • Category: ESKOM
  • Source: Fin 24

Eskom said in an update on Saturday morning that the power system remains constrained and vulnerable.

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ESKOM: No load shedding expected but the ‘probability remains’

  • Date: 16-11-19
  • Category: ESKOM
  • Source: The South African

We’re on the brink of load shedding once again, but not quite. Eskom issued a power alert on Saturday 16 November to assure South Africans that “no load shedding is expected today”.

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