News
PGM PRODUCERS: Sibanye mulls over moving primary listing to New York
- Date: 30-10-19
- Category: PGM PRODUCERS
- Source: IOL
JOHANNESBURG – Sibanye Gold chief executive Neal Froneman is considering moving the South African miner’s primary listing to New York from 2021 after he curbs the company’s debt.
View full storySOUTH AFRICA: Eskom power plan; Rand fizzles; unemployment high; Sibanye eyes NY; scientists discover early man in Bots
- Date: 30-10-19
- Category: SOUTH AFRICA
- Source: Biz News
The government issued its big plan to save Eskom, but the details were a disappointment for many hoping to see faster, firmer action. In particular, Eskom’s debt burden hasn’t been dealt with, worry analysts. As Bloomberg reports, the plan includes exposing Eskom to greater competition, lowering fuel costs, increasing renewable-energy output and selling non-core assets. A policy paper released by Public Enterprises Minister Pravin Gordhan envisions Eskom Holdings SOC Ltd. relinquishing its almos
View full storyPGM PROJECTS: Zimbabwe PGM projects face “insurmountable obstacles”, say SA platinum producers
- Date: 30-10-19
- Category: PGM PROJECTS
- Source: Mining MX
SOUTH African platinum group metals (PGMs) producers Sibanye-Stillwater and Impala Platinum (Implats) expressed scepticism Zimbabwe would be able to increase production of the metals as it plans because the obstacles to investment were “insurmountable”.
View full storyFUEL CELLS: Cummins unveils hydrogen fuel cell truck as tech demonstrator
- Date: 30-10-19
- Category: FUEL CELLS
- Source: Green Car Congress
Cummins Inc. unveiled a heavy-duty truck with fuel cell and battery electric power at the 2019 North American Commercial Vehicle Show in Atlanta. Cummins’ strategy is to provide its customers with a broad portfolio of power options, from diesel and natural gas, hybrids, to battery electric and hydrogen fuel cell solutions.
View full storyBATTERIES: Penn State Li-ion battery design could charge an EV in 10 minutes; asymmetric temperature modulation
- Date: 30-10-19
- Category: BATTERIES
- Source: Green Car Congress
Penn State researchers have developed a lithium-ion battery that charges at an elevated temperature to increase reaction rate but keeps the cell cool during discharge, showing the potential to add 200 miles of driving range to an electric car in 10 minutes.
View full storyACQUISITION: Northam to buy Eastplats’ Maroelabult assets for R20m
- Date: 29-10-19
- Category: ACQUISITIONS
- Source: Mining Weekly
Platinum-group metals miner Northam Platinum’s Eland Platinum subsidiary will buy dual-listed Eastern Platinum’s Maroelabult assets, in Brits, North West, for R20-million.
View full storyAUTO SALES: Downturn in the global Truck market
- Date: 29-10-19
- Category: AUTO SALES
- Source: LMC Automotive
With the spectre of global economic recession looming as a 1/3 possibility, the global Truck market finds itself on the brink of downturn as we approach the end of the year. Manufacturing – a critically important driver of Heavy Vehicle demand, via its impact on freight transport demand – is already in decline.
View full storyRARE EARTHS: Rare earths: How Teesside and a mine in Vegas hold the key to ending China's grip on electric vehicles
- Date: 29-10-19
- Category: RARE EARTHS
- Source: Telegraph
An hour’s drive from Las Vegas, surrounded by scrub forest and Joshua trees, lies an open pit that holds the key to the future of the electric car. Mountain Pass rare-earth mine is a rich source of neodymium and praseodymium, two metals which are used to make the magnets in the powertrain of an electric vehicle.
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