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AUTO SALES: Fuel types of new cars: petrol 51.9%, diesel 29.4%, electric 7.2% market share second quarter 2020

  • Date: 03-09-20
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 3 September 2020 – In the second quarter of 2020, the market share of electrically-chargeable vehicles increased to 7.2% of total EU car sales, compared to a 2.4% share during the same period last year. The overall decline in passenger car registrations as a result of the COVID-19 pandemic affected the diesel and petrol segments in particular, although together still accounting for more than 80% of car sales.

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PGM PROJECTS: Russia-Zimbabwe platinum JV to secure phase 1 funding by end of year

HARARE, Sept 1 (Reuters) - Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) expects to raise up to $500 million in funding it needs for the first phase of its mining project by the end of this year after the coronavirus delayed talks with lenders, its CEO said on Tuesday.

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ESKOM: Eskom warns that load shedding may escalate

  • Date: 01-09-20
  • Category: ESKOM
  • Source: Cape Town Etc

Electricity provider Eskom has announced they will implement Stage 2 load shedding on Tuesday, September 1 as multiple generation units have suffered breakdowns. Load shedding will be begin between midday and 10pm.

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PGM PRODUCERS: Zimplats withholds dividend amid Covid-19 uncertainties

Zimbabwe-based platinum group metals miner Zimplats’ revenue for the financial year ended June 30 increased by 38% year-on-year to $868.9-million, mainly owing to an increase in the average prices of rhodium, palladium, gold and nickel.

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PGM PRODUCERS: Analysts raise precious metals expansion opportunities for cash-flush Sibanye

JOHANNESBURG (miningweekly.com) – Mining analysts last week raised local platinum and gold expansion opportunities for cash-flush precious metals mining company Sibanye-Stillwater, but Neal Froneman, the CEO of the superbly performing Johannesburg- and New York-listed company, expressed concern that South Africa’s current government environment is not conducive to investment.

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ZIMBABWE: New platinum mine on course

  • Date: 29-08-20
  • Category: ZIMBABWE
  • Source: Zimbabwe Herald

The first phase of the new platinum mine being developed by Great Dyke Investments on its Darwendale concessions is on course, with the box cut for the second portal being opened last month.

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EMISSIONS: CARB approves Heavy-Duty Low NOx Omnibus Regulation; to cut NOx 90%

  • Date: 29-08-20
  • Category: EMISSIONS
  • Source: Green Car Congress

The California Air Resources Board has approved a multi-pronged regulation that will significantly reduce NOx emissions from heavy-duty diesel trucks.

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NORNICKEL: Nornickel Is Capable Of Paying Attractive Dividends Anyway

  • Date: 28-08-20
  • Category: NORNICKEL
  • Source: Seeking Alpha

The management of Nornickel (OTCPK:NILSY) should be definitely commended for its realism - the team has a realistic view on the market situation, and, realistically, nobody among managers knows how and when the situation around the environmental damage will be settled down.

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