Consulting analysts in tomorrow’s commodities and technologies

News

PGM PRODUCERS: Amplats lifts refined PGM output by 26% y/y

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 story

PGM PRODUCERS: Sylvania Platinum earnings rise on higher platinum prices

Sylvania Platinum said it doubled its operating earnings in the first quarter amid a rise in metal prices.

View full story

PGM PROJECTS: Russia-Zimbabwe platinum venture needs $500 million for first phase

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 story

PGM PROJECTS: Zimbabwe: Great Dyke Wraps Up Platinum Project Financing

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 story

ESKOM: 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 story

ESKOM: 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 story

ESKOM: 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 story

PGM PRODUCERS: Unki Mine platinum production up 6 %

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.

View full story

Categories