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PGM PRODUCERS: ARM releases R800m in funds over two years to expand Two Rivers platinum mine

AFRICAN Rainbow Minerals (ARM) will spend about R350m in the next two years on its share of the costs expanding the milling plant at Two Rivers platinum mine. Another R444m has been earmarked to extend the tailings dam to match the increased capacity, the group’s financial director, Abigail Mukhaba said on Friday.

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PLATINUM: Strong Platinum ETF Demand Trumps Sluggish Automotive Demand

  • Date: 30-08-19
  • Category: PLATINUM
  • Source: Seeking Alpha

Platinum demand hit by slowing automotive sector.

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RHODIUM: Is Rhodium Pulling A Thelma & Louise On Us?

  • Date: 30-08-19
  • Category: RHODIUM
  • Source: Kitco

For three years I have been preaching to all of Precious Metals industry analysts that this structural deficit on Rhodium is just getting worse and worse. The Rhodium fix since 2016 reflects that. April 1, 2016 saw Rhodium at $740/Toz. Today, August 30, 2019 it’s at $5,000/Toz. That is a whopping 6.75x increase.

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PGM PRODUCERS: Sibanye-Stillwater Announces a Loss for 1st-Half of 2019

Shares of Sibanye-Stillwater (NYSE:SBGL) fell nearly 2% to $5.54 at close on Thursday after the South African precious metals miner posted a loss of $19 million for the first half of 2019 as a result of workers being on an extended strike at gold operations in South Africa.

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AUTO SALES: Global light vehicle market - H1 2019 analysis

  • Date: 30-08-19
  • Category: AUTO SALES
  • Source: Just Auto

The global light vehicle market is running out of steam in 2019 under the weight of trade tensions between the US and China and the broader impact on confidence and spending on consumer durables across the world. Dave Leggett takes a look at the numbers.

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ELECTRIC VEHICLES: Victory in Electric Cars Depends on Recycling. So Far, China’s Winning

Battery packs clamber up a conveyor belt before dropping into a flame-proof chamber, where they are crushed into gray metallic mush, a cocktail containing the car fuel of the future.

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HYDROGEN: French trains to go green with order for hydrogen engines

  • Date: 29-08-19
  • Category: HYDROGEN
  • Source: The Local

France is joining the hydrogen train revolution, the head of state rail operator SNCF said on Thursday, announcing an order for 15 emissions-free regional trains to replace polluting diesel models.

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PGM PROJECTS: Group Ten Metals raises $2.45 million for PGE drilling in Montana

  • Date: 29-08-19
  • Category: PGM PROJECTS
  • Source: Resource World

Group Ten Metals Inc. [PGE-TSXV, PGEZF-OTC, 5D32-FSE] said Thursday August 29 that it has raised $2.45 million from an oversubscribed private placement offering of 17.5 million units at 14 cents per unit.

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