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AUTO NEWS: 25 actions for a successful restart of the EU's automotive sector

  • Date: 05-05-20
  • Category: AUTO NEWS
  • Source: CLEPA

Covid-19 is having a major impact on the economy with retail and manufacturing activity at a deep low and concerns mounting on consumer sentiment. The European automotive sector is hit particularly hard. Most activities in the sector were stopped for several weeks, which is an unprecedented situation. Many actors in the sector are under great economic stress and in need of government support.

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PGM PRODUCERS: Implats flags further update after cutting guidance

Impala Platinum (JSE: IMP) said it planned to issue a further market update ahead of June 30 as it revised FY20 capex, slashed production guidance and withdrew unit cost guidance due to the “highly uncertain” operating environment stemming from COVID-19.

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EXPLORATION: PGMs: Sunday Lake returns high grade for Impala, Transition

  • Date: 05-05-20
  • Category: EXPLORATION
  • Source: Canadian Mining Journal

Ontario – Drilling at Impala Platinum and Transition Metals‘ Sunday Lake property, 25 km north of Thunder Bay, has returned high-grade intercepts of up to 4.28 g/t total platinum group metals (PGM) over 9.2 metres.

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PGM PRODUCERS: Anglo American Platinum repairs unit at processing plant after blast

JOHANNESBURG, May 5 (Reuters) - Anglo American Platinum (Amplats) said on Tuesday it had completed repairs to the Phase B unit at its Anglo Converter Plant and would lift the force majeure to suppliers of concentrate, three months after a blast shut processing facilities.

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LITHIUM: Neometals launches downstream study in India

  • Date: 05-05-20
  • Category: LITHIUM
  • Source: Mining Weekly

PERTH (miningweekly.com) – ASX-listed Neometals has partnered with Indian company Manikaran Power to conduct a feasibility study (FS) evaluating a lithium hydroxide refinery in India.

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SOUTH AFRICA: Amcu’s Joseph Mathunjwa knows when to take on capital

  • Date: 05-05-20
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

Joseph Mathunjwa, the president of the Association of Mineworkers and Construction Union, knows when to pick a fight with capital. His union’s victory in the Labour Court last week compelling the Department of Mineral Resources and Energy to gazette minimum guidelines for mining companies on managing Covid-19 by 18 May 2020 is a case in point.

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NORNICKEL: Nornickel Announces Production Results for Q1 of 2020

  • Date: 05-05-20
  • Category: NORNICKEL
  • Source: Steel Guru

nornickel-coronavirus-covid-91-outbreak_98738.jpg Image Source: themoscowtimes.com PJSC MMC Norilsk Nickel announced preliminary consolidated production results for the first quarter of 2020. Norilsk Nickel Chief Operating Officer Sergey Dyachenko said “In 1Q2020, the Company increased mine output 5% compared to last year. However, the volumes of saleable metals were affected by the pre-commissioning of the new chlorine leaching refining shop at Kola MMC.

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RECYCLING: German gov't signals no rush on scrapping program

  • Date: 04-05-20
  • Category: RECYCLING
  • Source: Auto News

BERLIN -- Germany needs several more weeks to decide on a scrapping program to counter a slump in car sales, Finance Minister Olaf Scholz said.

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