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ESKOM: France Ready to Give Financial Support to Eskom: Business Times

  • Date: 10-11-19
  • Category: ESKOM
  • Source: Bloomberg

France is weighing providing financial support to South Africa’s indebted utility Eskom Holdings SOC Ltd., the Johannesburg-based newspaper Business Times reported.

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ESKOM: Eskom Says Chance of More Power Cuts This Week

  • Date: 10-11-19
  • Category: ESKOM
  • Source: Bloomberg

Eskom Holdings in a tweet said the probability of loadshedding remains for November 11 and the week ahead as the system remains constrained and vulnerable.

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WAGE NEGOTIATIONS: AMCU: workers may back pay offer

The Association of Mineworkers and Construction Union, South Africa‘s largest platinum mining labour union, said it may conclude a wage deal with producers as early as next week if “minor” outstanding issues can be resolved.

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ELECTRIC VEHICLES: China Considers Cutting Electric-Car Subsidies Again

China is considering further cuts to subsidies for electric-vehicle purchases, according to people familiar with the matter, threatening to deal another blow to a once-burgeoning industry that’s facing an unprecedented slump.

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AUTO SALES: China Car Sales Keep Falling as Peak Season Fails to Deliver

  • Date: 08-11-19
  • Category: AUTO SALES
  • Source: Bloomberg

China’s car-market gloom continued in October as the traditional post-holiday demand peak failed to materialize, leaving automakers with few easy answers to attract buyers back to showrooms.

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PGM PROJECTS: Ivanhoe Mines Issues Third Quarter Financial Results and Review of Mine Development and Exploration Activities

  • Date: 08-11-19
  • Category: PGM PROJECTS
  • Source: Junior Mining Network

TORONTO, CANADA ‒ Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) today announced its financial results for the quarter ended September 30, 2019. All figures are in U.S. dollars unless otherwise stated.

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ESKOM: Eskom starts stage 2 loadshedding

  • Date: 08-11-19
  • Category: ESKOM
  • Source: Fin 24

Eskom suddenly announced on Thursday evening that it will implement stage 2 loadshedding from 22:00 this evening until 05:00 on Friday morning.

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AUTO PRODUCTION: Ford and Webasto unveil ultra-high-performance battery electric Mustang fastback prototype

At SEMA, Ford and Webasto revealed Mustang Lithium, an ultra-high-performance battery electric Mustang fastback prototype. With more than 1,000 ft-lbs of torque and more than 900 hp instantaneously available, this Mustang amps muscle car performance to a new level and helps gauge the level of interest the next wave of performance customers have in lightning-quick performance that only fully electric powertrains can deliver.

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