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PALLADIUM: More precious than gold: Why the metal palladium is soaring

  • Date: 20-01-20
  • Category: PALLADIUM
  • Source: BBC

The price of the precious metal palladium has soared on the global commodities markets.

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SOUTH AFRICA: Deadly start to 2020 for mine workers - AMCU

The Association of Mineworkers and Construction Union (AMCU) says it is saddened by a "tragic start to 2020" as three mine workers died while on duty last week.

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FERROCHROME: Glencore to restructure SA ferrochrome following “material losses” at Rustenburg smelter

  • Date: 20-01-20
  • Category: FERROCHROME
  • Source: Mining MX

HIGH electricity tariffs, interruptions, and deteriorating conditions in the ferrochrome market have forced Glencore and its joint venture partner, Merafe Resources, to consider restructuring its Rustenburg smelter.

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BATTERIES: VW to buy 20% of Chinese battery maker Guoxuan, report says

  • Date: 20-01-20
  • Category: BATTERIES
  • Source: Auto News

HONG KONG -- Volkswagen Group will take a 20 percent stake in Chinese electric-vehicle battery maker Guoxuan High-tech, two sources told Reuters, as the automaker accelerates its electric push into the world's largest auto market.

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ESKOM: Eskom drops tariff bombshell

  • Date: 20-01-20
  • Category: ESKOM
  • Source: City Press

Making a strong case against Nersa, power utility argues that regulator overstepped its legal mandate in focusing on tariff affordability rather than cost management.

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SOUTH AFRICA: Nearly 5,000 jobs go at Marikana as Sibanye-Stillwater ends talks

  • Date: 20-01-20
  • Category: SOUTH AFRICA
  • Source: Mining Journal

Sibanye-Stillwater (JSE: SGL) has confirmed almost 5,000 jobs will go from its Marikana platinum group metals operation in South Africa as it concluded the Section 189A consultation process with relevant stakeholders.

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BATTERIES: China embraces battery-swapping system for EVs

  • Date: 20-01-20
  • Category: BATTERIES
  • Source: Auto News

China is stepping up efforts to facilitate initiatives that allow swapping electric-vehicle batteries on-the-go, seeking to further spur the adoption of EVs in the world’s biggest car market.

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ACQUISITION: Anglo American agrees £405m takeover deal for Sirius Minerals

  • Date: 20-01-20
  • Category: ACQUISITIONS
  • Source: The Guardian

The mining company Anglo American has agreed to buy Sirius Minerals for £405m in a deal that rescues plans to dig the UK’s first deep mine in 40 years under the North York Moors.

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