News
PGM PROJECTS: Gen Mining announces expanded mineral resource at Marathon deposit
- Date: 09-09-19
- Category: PGM PROJECTS
- Source: Gen Mining
Generation Mining Limited is pleased to report that a new independent Mineral Resource Estimate of the Marathon Deposit of the 51%-owned Marathon palladium-copper project in Northern Ontario estimates a 20% increase in contained Palladium-Equivalent ounces compared with the most recently published Mineral Resource on the Property from 2010. Highlights of the pit constrained Mineral Resource Estimate are as follows:
View full storyRECYCLING: EC clears India scrappage JV
- Date: 09-09-19
- Category: RECYCLING
- Source: Just Auto
European Commission (EC) authorities have approved, through the EU Merger Regulation, the acquisition of joint control of a newly created joint venture in India by Toyota Tsusho India, its parent Toyota Tsusho of Japan (TTC) and Maruti Suzuki India of India.
View full storyAUTO SALES: Japanese market up again in August
- Date: 09-09-19
- Category: AUTO SALES
- Source: Just Auto
The Japanese new vehicle market continued to grow strongly in August, by 6.7% to 388,600 units from 364,218 units a year earlier, according to registration data released by the Japan Automobile Manufacturers Association.
View full storyPGM PRODUCERS: Northam completes private placement
- Date: 09-09-19
- Category: PGM PRODUCERS
- Source: Mining Weekly
JSE-listed Northam Platinum has completed a private placement of domestic medium-term notes to the value of R500-million under its R5-billion domestic medium-term note programme.
View full storyESKOM: Moody’s Says Fixing S. Africa’s Eskom Is Complex, Will Take Time
- Date: 09-09-19
- Category: ESKOM
- Source: Bloomberg
Fixing loss-making power utility Eskom Holdings SOC Ltd. is complex and it will take time for the government and the company to agree to a plan, according to Moody’s Investors Service.
View full storyWAGE NEGOTIATIONS: Platinum Giants Say Union Declares Dispute in Wage Talks
- Date: 09-09-19
- Category: WAGE NEGOTIATIONS
- Source: Bloomberg
Anglo American Platinum Ltd. and Sibanye Gold Ltd. may need mediators to help South African wage talks move forward after negotiations with the platinum industry’s largest labor union reached a deadlock.
View full storyAUTO NEWS: Ford cut to junk by Moody's on doubts over plan to boost profit
- Date: 09-09-19
- Category: AUTO NEWS
- Source: Automotive News
Ford Motor Co.’s CEO Jim Hackett has been dealt a major blow by Moody’s Investors Service, which cut the automaker’s credit rating to junk over doubt his plans to fix the company will soon generate earnings and cash.
View full storyAUTO SALES: BYD sales slip again after Beijing slashes EV subsidies
- Date: 09-09-19
- Category: AUTO SALES
- Source: Auto News
Sales at BYD Co., China’s largest electrified vehicle manufacturer, fell for the second straight month in August after Beijing ended a new round of subsidy cuts for EVs and plug-in hybrids.
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