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SOUTH AFRICA: Unions remain sceptical as SA Govt. plans to unplug Eskom from its debt quandary

Drastic action is needed at Eskom. The five-fold increase in the power utility’s tariffs over the past decade is a symptom of a deep and rapidly worsening problem. It cannot sell enough electricity to cover its spiralling costs of debt...

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PGM SUPPLY: PGM “challenges” do not incentivise production growth – Amplats CEO, Chris Griffith

  • Date: 02-07-19
  • Category: PGM SUPPLY
  • Source: Mining MX

ANGLO American Platinum (Amplats) was not tempted to consider expanding production despite having restructured itself into profitability, a development heavily assisted by the improvement in the rand basket of platinum group metals (PGMs).

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WAGE NEGOTIATIONS: South African Platinum Mine Wage Talks to Start Next Week

South Africa’s largest platinum-mining labor union said it will meet the nation’s top three producers on successive days next week as it starts formal negotiations for a three-year wage deal.

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ESKOM: Eskom confirms payment from Zim's electricity authority

  • Date: 02-07-19
  • Category: ESKOM
  • Source: Eye Witness News

JOHANNESBURG – Eskom confirmed on Tuesday that it received a payment from the Zimbabwe Electricity Supply Authority (ZESA).

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ESKOM: Good News for Eskom: World Bank Says South Africa Will Save It

  • Date: 02-07-19
  • Category: ESKOM
  • Source: Bloomberg

The risk of South Africa’s struggling state power utility going bust doesn’t appear to faze one of its biggest creditors: the World Bank.

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FUEL CELLS: Pallinghurst earmarks $1bn for battery, fuel cell materials

  • Date: 02-07-19
  • Category: FUEL CELLS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – Diversified investor Pallinghurst has entered the battery materials and energy storage revolution through the creation of a diversified battery raw materials platform.

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CONGO: DR Congo army will remove 2,000 illegal miners from Glencore site

  • Date: 02-07-19
  • Category: CONGO
  • Source: Aljazeera

The country's president ordered military intervention after miners defied a government deadline and clashed with police.

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AUTO PRODUCTION: Hyundai Unveils World's First CVVD Engine Technology with Improved Performance and Less Emissions

The world-first technology, controlling timing of valve opening and closing according to driving conditions, is set for mass production

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