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PGMS: Sharp divide separates platinum group metal believers, and sceptical dissenters

  • Date: 04-07-19
  • Category: PGMS
  • Source: Mining MX

AFTER 10 years in the doldrums, South African platinum stocks finally sprang back to life from the end of 2018 in response to increases in the prices of palladium and rhodium which – combined with the impact of a depreciating rand – were sufficient to put nearly all South African platinum miners back into the black.

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RAND: South Africa's rand firms to 3-month high, stocks down

  • Date: 04-07-19
  • Category: RAND
  • Source: Nasdaq

JOHANNESBURG, July 4 (Reuters) - South Africa's rand rose against the dollar on Thursday to hit its strongest in nearly three months, tracking fellow emerging market currencies, as the dollar was dented by hopes of U.S. interest rate cuts.

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SOUTH AFRICA: South Africa's rand firms to 3-month high, stocks down

JOHANNESBURG (Reuters) - South Africa’s rand rose against the dollar on Thursday to hit its strongest in nearly three months, tracking fellow emerging market currencies, as the dollar was dented by hopes of U.S. interest rate cuts.

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SOUTH AFRICA: SA unlikely to see new mines whilst Mining Charter III stays in current form

IF the third version of the Mining Charter is as investor-friendly as mines and energy minister, Gwede Mantashe, claims it is, where is the flood of new investment into South Africa’s dwindling mining sector?

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ACQUISITIONS: Thunder Bay junior miner zeros in on platinum, palladium

  • Date: 03-07-19
  • Category: ACQUISITIONS
  • Source: Northern Ontario Business

A Thunder Bay gold exploration company is picking up two high-grade platinum group metals (PGM) properties, west of the city.

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AUTO NEWS: Renault should sell Nissan stake and press ahead with FCA merger

  • Date: 03-07-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

Renault should sell its 43 percent in Nissan and merge with Fiat Chrysler Automobiles, says Bernstein analyst Max Warburton. In a letter to Renault Chairman Jean-Dominique Senard, Warburton writes that Renault should no longer cling to the idea that its alliance with Nissan can be preserved when all the indications are to the contrary. 

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DIESEL: London clean air rules accelerate slump in diesel cars demand

  • Date: 02-07-19
  • Category: DIESEL
  • Source: Financial Times

Last year, a quarter of customers at Alan Day’s London dealerships bought diesel cars. So far this year, demand for the fuel type from its five Volkswagen forecourts has fallen to just 2 per cent.

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AUTO SALES: Tesla Model 3 boosts electric-car demand in Norway to 45% of all sales in first half

  • Date: 02-07-19
  • Category: AUTO SALES
  • Source: Europe Auto News

OSLO -- Booming sales of Tesla's Model 3 meant that 45 percent of all cars sold in the first half of the year in Norway were electric.

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