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ACQUISITIONS: Nova buys royalties at Twin Metals site

  • Date: 13-12-20
  • Category: ACQUISITIONS
  • Source: Duluth News Tribune

A Vancouver-based company bought royalties in November for a portion of the proposed Twin Metals copper-nickel mine.

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ZIMBABWE: GDI: Driving force for Zim-Russia relations

  • Date: 13-12-20
  • Category: ZIMBABWE
  • Source: Sunday Mail

THE Zimbabwe-Russia joint venture platinum concern, Great Dyke Investments (GDI), which is located in Darwendale, is making stellar progress and is earmarked to become one of Zimbabwe’s largest platinum mines. Last week a local company, Fossil Mining, bought 4,4 percent stake in the project, while total funding of up to US$650 million has been lined up for the venture over the next two years.

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PGM PROJECTS: GDI to earn US$350m annually

Great Dyke Investments’ platinum project in Darwendale is progressing smoothly, with fresh projections indicating that the Zimbabwe-Russia joint venture will earn the country up to US$350 million annually when it starts exporting the Platinum Group Metals (PGMs) in 2023.

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ESKOM: Amazon is going to make its own electricity in SA, then run it across Eskom’s grid

  • Date: 13-12-20
  • Category: ESKOM
  • Source: Business Insider

South Africa will soon be one of the countries where online behemoth Amazon generates its own electricity from "utility scale" solar and wind plants – and then it will use Eskom's power lines to get that power where it is needed.

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HYDROGEN: Hyundai fuel cells for rail, auto, air cargo

  • Date: 13-12-20
  • Category: HYDROGEN
  • Source: Auto News

Sound out the name of Hyundai's latest venture —a brand it is calling HTWO ("H-2") — and it reveals the automaker's new solution to cut carbon emissions.

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AUTO SALES: China 2020 sales pegged at 25m

  • Date: 11-12-20
  • Category: AUTO SALES
  • Source: Just Auto

China vehicle sales are likely to reach 25m units this year, an industry body reportedly said on Friday, as the market continued to lead the global auto industry recovery from lows hit during the COVID-19 pandemic.

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PGM PRODUCERS: Anglo American Platinum – operational outlook and guidance update

  • Date: 11-12-20
  • Category: PGM PRODUCERS
  • Source: Anglo American Platinum

Anglo American Platinum provides an update on its operational outlook and guidance, to coincide with the Anglo American plc market update.

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PGM PROJECTS: Sedibelo approves 60Moz platinum expansion, construction of Kell beneficiation plant

  • Date: 11-12-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) producer Sedibelo Platinum Mines Limited has announced the expansion of operations at Pilanesberg Platinum Mines into contiguous deposits of Sedibelo Central, Magazynskraal and Kruidfontein – known as the Triple Crown properties – with an estimated resource base in excess of 60-million four-element (4E) PGM ounces, considered one of the world’s largest undeveloped PGM deposits.

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