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PGM PRODUCERS: Implats full-year underlying headline earnings back to 2012 levels

Impala Platinum (Implats), the world’s third-largest platinum miner, will post its highest underlying headline earnings since 2012, fueled by higher metal prices and an operational turn around at its main Rustenburg mines.

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PGM PRODUCERS: PTM secures agreements towards paying off debt

TSX- and NYSE-listed Platinum Group Metals (PTM) has entered into an agreement with BMO Capital Markets whereby BMO agreed to buy 8.3-million common shares of PTM at a price of $1.25 apiece, amounting to about $10.4-million.

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WAGE NEGOTIATIONS: Amcu President: Lonmin Management Provoking Workers Into Another Maricana

Association of Mineworkers and Construction Union (Amcu) president Joseph Mathunjwa has accused management at Sibanye-Stillwater’s Lonmin mine of instigating another Marikana by offering workers paltry wage increases as salary negotiations continued in the platinum sector.

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MACROECONOMICS: WTO quarterly trade growth indicator drops from May

GENEVA (Reuters) - The World Trade Organization (WTO) said on Thursday that its latest economic barometer showed that the growth in merchandise trade was likely to weaken further in the third quarter.

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BATTERIES: LG, Samsung, SK urged to secure battery raw materials, talent

  • Date: 15-08-19
  • Category: BATTERIES
  • Source: Korea Times

LG Chem, Samsung SDI and SK Innovation must find ways to secure a stable supply of raw materials for battery production to maintain their competitive power in the European electronic vehicle (EV) battery market, the Korea International Trade Association (KITA) said Thursday.

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AUTO PRODUCTION: Passenger Vehicles Output Down 13.18% In April-July

Passenger vehicles production in India was down 13.18 percent in April-July with top manufacturers such as Maruti Suzuki India Ltd., Mahindra & Mahindra Ltd., Tata Motors Ltd., Ford India, Toyota Motor Corporation and Honda Motor Company Ltd. reducing output massively.

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PGM PRODUCERS: Atlatsa Resources financial results for the quarter ended June 30, 2019

  • Date: 14-08-19
  • Category: PGM PRODUCERS
  • Source: Atlatsa Resources

August 14, 2019 Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSX: ATL; JSE: ATL) announces its operating and financial results for the quarter ended June 30,2019. This release should be read together with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30,2019.

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FUEL CELLS: Platinum-using buses, forklift trucks gaining rapid ground worldwide

  • Date: 14-08-19
  • Category: FUEL CELLS
  • Source: Mining Weekly

FCEV growth is taking place in tandem with the spread of the hydrogen economy in a world that is cold-shouldering carbon pollution and taking steps to mitigate climate change.

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