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SOUTH AFRICA: Labour Court declares Sibanye wage extension valid

  • Date: 20-03-19
  • Category: SOUTH AFRICA
  • Source: Mining Weekly

Precious metals miner Sibanye-Stillwater on Wednesday advised that the Labour Court has declared legal the extension of Sibanye’s wage agreement with the National Union of mineworkers (NUM), Uasa and Solidarity, to non-unionised members.

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DIESEL: Updated Mercedes-Benz GLC Coupe gets RDE2-compliant diesel engines

  • Date: 20-03-19
  • Category: DIESEL
  • Source: Just Auto

Among the updates to the sporty SUV are a new engine line-up featuring diesel engines that comply with the new Real Driving Emissions 2 standard, meaning they won't incur the 4% BIK tax surcharge levied on diesel company cars.

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PALLADIUM: Palladium edges to new record as Russia adds to supply squeeze

  • Date: 19-03-19
  • Category: PALLADIUM
  • Source: Finanical Times

Precious metal nears $1,600 an ounce after Moscow curbs exports

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AUTO SALES: European Car Sales in February Offer Hope for a Turnaround

  • Date: 15-03-19
  • Category: AUTO SALES
  • Source: Bloomberg

European car sales declined in February for the sixth straight month, although improvements in some of the biggest markets of Germany, France and the U.K. indicate a turnaround may be on the horizon.

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LITHIUM: SQM receives environmental approval for Chile lithium plant expansion

  • Date: 15-03-19
  • Category: LITHIUM
  • Source: Mining.com

Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight battery metal.

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PGM PRODUCERS: Wesizwe - changes in mine operational plan

The Wesizwe Bakubung Mine project commenced in 2011 after securing project funding and an equity injection from a major Chinese consortium, CAJIL. The scope of mine development comprises of: all mine surface installations, a main shaft, service shaft and multiple ventilation shafts system, underground flat development around station, all shaft infrastructure, waste development, capital footprint establishment, mine production equipment, process plant, a tailings holding facility and a housing co

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JEWELLERY: China's gold, silver and jewelry consumption increased by 4.4% year-on-year in January-February

  • Date: 14-03-19
  • Category: JEWELLERY
  • Source: Jewellery.org

In January-February 2019, the total retail sales of consumer goods reached 660.64 billion yuan, a nominal increase of 8.2% year-on-year. Among them, the retail sales of consumer goods above designated size was 2,309.6 billion yuan, an increase of 3.5%.

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CHINA: China will cut value-added tax for manufacturers on April 1

  • Date: 14-03-19
  • Category: CHINA
  • Source: Nasdaq

China will cut value-added tax (VAT) for manufacturing and other sectors on April 1, Premier Li Keqiang said on Friday, adding that cuts in taxes and fees remained a key measure to cope with downward pressure on the world's second-largest economy.

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