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PGM PRODUCERS: Anglo American Platinum confirms zero COVID-19 cases at its operations

  • Date: 12-05-20
  • Category: PGM PRODUCERS
  • Source: Anglo American Platinum

Anglo American Platinum notes various inaccurate reports regarding COVID-19 positive cases at its operations. To date, no employees or contractors have tested positive at any of its operations in South Africa and Zimbabwe.

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PGM PRODUCERS: Sibanye-Stillwater operating update for the quarter ended 31 March 2020

  • Date: 12-05-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Sibanye Stillwater Limited (“Sibanye-Stillwater”, “the Company” and/or “the Group”) (JSE: SSW & NYSE: SBSW) is pleased to provide an operating update for the quarter ended 31 March 2020. Financial results are only provided on a six-monthly basis.

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PGM PRODUCERS: Northam Platinum fine tunes R10bn loan note programme to limit cash outflow in 2020

NORTHAM Platinum sought to preserve liquidity amid the COVID-19 pandemic – and even extend it – announcing today it would buy and cancel about R1.9bn in loan notes and issue new ones with longer maturity dates.

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BATTERIES: Carmakers Urged to Invest in Mines to Avoid Battery Metal Pinch

  • Date: 11-05-20
  • Category: BATTERIES
  • Source: Bloomberg

Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments.

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AUTO SALES: Volkswagen is giving a strong boost to sales promotion

  • Date: 11-05-20
  • Category: AUTO SALES
  • Source: Volkswagen

From May 15, the Volkswagen Passenger Cars brand will offer customers an attractive "all-round carefree" package for leasing and financing with the #vwfüreuch campaign. From EUR 9.99 per month, the offer includes rate protection if you lose your job, maintenance and inspection, as well as a follow-up guarantee for the entire term of the contract. Customers can also get particularly affordable leasing and financing offers.

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AUTO SALES: The Car Is Staging a Comeback, Spurring Oil’s Recovery

  • Date: 10-05-20
  • Category: AUTO SALES
  • Source: Bloomberg

James Li, a public relations account director, would rather spend an hour sitting in Beijing traffic than risk 30 minutes exposed to crowds on a train. “Traffic is as bad as it could be” but the subway is still too dicey, he said.

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SOUTH AFRICA: 15 mineworkers test positive for Covid-19

Minerals and Energy Minister Gwede Mantashe last week walked the path taken by at least one of the 15 mineworkers who tested positive for Covid-19 coronavirus.

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AUTO NEWS: The end of the road? An overview of combustion-engine car phase-out announcements across Europe

  • Date: 10-05-20
  • Category: AUTO NEWS
  • Source: ICCT

An increasing number of local and national governments are signaling their intention to phase out combustion engine-powered vehicles. Almost half a dozen countries in Europe have set combustion-engine passenger car phase-out targets and dates in national strategies, plans, and programs, or have drafted or adopted such laws to mitigate climate change. In addition to national commitments, almost 30 cities have made plans or have pledged to prohibit combustion-engine cars in urban centers or entire

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