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NORNICKEL: Norilsk Nickel’s $750 Million Eurobond Offering

  • Date: 31-10-19
  • Category: NORNICKEL
  • Source: Global Legal Chronicle

PJSC MMC Norilsk Nickel (“Nornickel”) completed its $750 million Eurobond offering due 2024 with a coupon rate of 3.375% per annum, the lowest coupon ever achieved by Nornickel on a U.S. Dollar transaction.

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PGM PRODUCERS: Sibanye-Stillwater signals recovery after tough 18 months

JOHANNESBURG - Mining company Sibanye-Stillwater said on Thursday its performance for the third quarter ended September signalled a pleasing recovery in the operating and financial performance of the group after a difficult eighteen-month period.

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PGM PRODUCERS: Implats output down 2.4% to 5.21m tonnes in quarter to September 30

JOHANNESBURG - Impala Platinum said on Thursday gross tonnes milled at its managed operations decreased by 2.4 percent to 5.21 million tonnes during the quarter ended September 30 from 5.34 million tonnes in the prior period.

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ESKOM: NUM threatens more power cuts over Eskom split

  • Date: 31-10-19
  • Category: ESKOM
  • Source: Eye Witness News

JOHANNESBURG - The National Union of Mineworkers (NUM) threatened on Wednesday to cause more power cuts over the government’s decision to forge ahead with a plan to break up struggling state power firm Eskom.

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ESKOM: S&P says state support for Eskom falls short for next 12-18 months

  • Date: 31-10-19
  • Category: ESKOM
  • Source: Reuters

LONDON, Oct 31 (Reuters) - Government financial support for South Africa’s state-owned utility Eskom is insufficient to cover its funding requirements for the next 12-18 months, S&P Global Ratings said on Thursday.

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LITHIUM: Revised definitive feasibility study for Authier Lithium Project nears completion

  • Date: 31-10-19
  • Category: LITHIUM
  • Source: Sayona Mining

Sayona assembles world‐class team to support bid for North American Lithium (NAL) mine in Québec, Canada.

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LITHIUM: Albemarle Announces Completion of Lithium Joint Venture with Mineral Resources Limited

  • Date: 31-10-19
  • Category: LITHIUM
  • Source: Albemarle

CHARLOTTE, N.C., Oct. 31, 2019 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has closed its transaction with Mineral Resources Limited ("MRL") (ASX: MIN) under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018, and subsequently amended on August 1, 2019, and the MRL Kemerton Sale and Purchase Agreement that was entered into on August 1, 2019 ("Agreement"). The 60/40 joint venture.

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AUTO NEWS: Billionaire Agnellis Grab a Massive Sweetener

  • Date: 31-10-19
  • Category: AUTO NEWS
  • Source: Bloomberg

Fiat has extracted a chunky premium for what is essentially a takeover by Peugeot. No wonder the latter's shareholders are unimpressed.

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