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PGM PRODUCERS: 'This cannot continue', says AMCU after another fatality at Sibanye-Stillwater

Another fatality has occurred at Sibanye-Stillwater's Thembelani shaft in Rustenburg, according to the Association of Mineworkers and Construction Union (AMCU).

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AUTO SALES: Record Slump in China’s Auto Market Continues in September

  • Date: 12-10-19
  • Category: AUTO SALES
  • Source: Bloomberg

Chinese auto sales fell in September for the 15th month in 16, extending their unprecedented slump despite government efforts to support the world’s largest car market.

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COBALT: Canada Cobalt makes strategic move in silver/cobalt heartland

  • Date: 11-10-19
  • Category: COBALT
  • Source: Mining Weekly

TSX-V-listed Canada Cobalt Works is making headway in becoming a vertically integrated leader in Canada’s silver/cobalt heartland with the acquisition of “strategic assets” from PolyMet Resources in the town of Cobalt.

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ESKOM: South Africa's Eskom challenges latest power tariff decision in court

  • Date: 11-10-19
  • Category: ESKOM
  • Source: Reuters

JOHANNESBURG, Oct 11 (Reuters) - South Africa’s struggling power utility Eskom said on Friday it was challenging in court the regulator’s latest tariff decision, a move it said was necessary to avert financial disaster.

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PGM PRODUCERS: Pilanesberg Platinum Mine: Crushing its targets

Situated on the Western Limb of South Africa’s Bushveld Complex, the open cast Pilanesberg Platinum Mine has delivered 10 years of steady PGM production build up.

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SOUTH AFRICA: Amcu issues stern warning to corporates that ‘steal from workers’

As the Association of Mineworkers and Construction Union (Amcu) gears up to take on Samancor Chrome on behalf of workers, the union’s president Joseph Mathunjwa has issued out a warning against multinational companies that “steal worker’s money”.

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ACQUISITIONS: North American Palladium sold for $1bn to Impala Palladium

  • Date: 10-10-19
  • Category: ACQUISITIONS
  • Source: Business Chief

Impala Platinum Holdings ltd (Implats), based in South Africa, said on 7 October that it would buy North American Palladium Ltd, based in Canada for CA$1bn. The deal will be the first time Implats have made an acquisition outside of Africa.

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ACQUISITIONS: EDITORIAL: Implats makes astute move into Canada

  • Date: 10-10-19
  • Category: ACQUISITIONS
  • Source: Business Live

The R11.4bn deal hands platinum miner a company that has been riding a wave of investor optimism about palladium

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