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MINING: Amplats called upon to embark on a ‘genuine audit exercise’

  • Date: 07-10-19
  • Category: MINING
  • Source: Daily Maverick

Business Maverick recently published an article about Anglo American Platinum undertaking a so-called independent audit of its Unki operation in Zimbabwe. The audit is being undertaken with the use of the Initiative for Responsible Mining Assurance (Irma) based in Canada, a multi-stakeholder group.

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PGM PRODUCERS: Sibanye-Stillwater: Diversification Is Paying Off

Revenues were $1,657.4 million in H1 2019 down from $1,942.3 million in H1 2018 due to the lower production of gold.

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ESKOM: Time not on the government’s side in Eskom debt woes

  • Date: 07-10-19
  • Category: ESKOM
  • Source: Business Live

The state will have to make tough decisions at the end of October when Tito Mboweni delivers his mid-term budget policy statement

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PGM PRODUCERS: Zimplats records slump in production

Zimbabwe’s largest platinum producer Zimplats recorded a 36,1% slump in production volumes to 415,72kg in August as rising inflation, coupled with power cuts and foreign currency shortages, took a toll on the extractive sector, it has been revealed.

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SOUTH AFRICA: New Eskom pricing can crush solar in South Africa

  • Date: 06-10-19
  • Category: SOUTH AFRICA
  • Source: My Broadband

Eskom is considering a new pricing structure which will have a material impact on the value proposition of solar installations.

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SOUTH AFRICA: Mantashe calls out mining industry on planned retrenchments

JOHANNESBURG - Mineral Resources and Energy Gwede Mantashe this week launched a scathing criticism on plans by the mining industry to retrench more people in an economy that is barely growing.

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AUTO SALES: India Has 150 Million Drivers and Only 8,000 Want Electric Cars

Hyundai Motor Co. launched India’s first electric SUV this summer with a quirky TV commercial urging millennials to “Drive Into the Future.” A few months later, the automaker finds itself on a lonesome road.

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PGM PRODUCERS: Major shake-up at Zimplats…as management squabbles explode

  • Date: 05-10-19
  • Category: PGM PRODUCERS
  • Source: The Zimbabwean Mail

PLATINUM miner Zimplats has been seized with perennial management squabbles resulting in a major shake-up, that saw the demotion of some top managers, Zim Morning Post have learnt.

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