News
PGM PRODUCERS: Amplats lifts refined PGM output by 26% y/y
- Date: 22-10-19
- Category: PGM PRODUCERS
- Source: Mining Weekly
Platinum group metals (PGMs) miner Anglo American Platinum (Amplats), which is headed up by CEO Chris Griffith, achieved a 26% year-on-year increase in refined PGM output to 1.3-million ounces in the third quarter ended September, as its processing performance improved.
View full storyPGM PRODUCERS: Sylvania Platinum earnings rise on higher platinum prices
- Date: 22-10-19
- Category: PGM PRODUCERS
- Source: Shares Magazine
Sylvania Platinum said it doubled its operating earnings in the first quarter amid a rise in metal prices.
View full storyPGM PROJECTS: Russia-Zimbabwe platinum venture needs $500 million for first phase
- Date: 22-10-19
- Category: PGM PROJECTS
- Source: Reuters
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, it said on Tuesday.
View full storyPGM PROJECTS: Zimbabwe: Great Dyke Wraps Up Platinum Project Financing
- Date: 22-10-19
- Category: PGM PROJECTS
- Source: All Africa
Great Dyke Investments (GDI) says it is wrapping up financing for its Darwendale platinum group metals project and expects to begin construction next year.
View full storyESKOM: Warning System Failed at Eskom’s $16 Billion Power Plant
- Date: 22-10-19
- Category: ESKOM
- Source: Bloomberg
Power outages that began in South Africa last week were partly caused by the failure of warning systems at its 228 billion rand ($16 billion) flagship plant.
View full storyESKOM: South Africa approves $4 bln bailout for debt-laden Eskom
- Date: 22-10-19
- Category: ESKOM
- Source: Financial Post
JOHANNESBURG — Crisis-hit South African power company Eskom was handed an additional 59 billion rand ($4 billion) lifeline by parliament on Tuesday, prompting criticism from opposition parties who described it as a “blank check.”
View full storyESKOM: Eskom files affidavit against Deloitte ordering the return of R207m tenders
- Date: 22-10-19
- Category: ESKOM
- Source: The South African
The tenders were altered to 'just under the ceiling price' which granted its approval from provincial Treasury.
View full storyPGM PRODUCERS: Unki Mine platinum production up 6 %
- Date: 22-10-19
- Category: PGM PRODUCERS
- Source: New Zimbabwe
ANGLO American Platinum’s (Amplts) Zimbabwean unit, Unki Mine, has recorded a 6% increase in platinum production, a recently released third quarter performance report has revealed.
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