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PGM PROJECTS: Implats reiterates support for Waterberg project as 15% shareholder

  • Date: 17-06-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – Platinum group metals (PGMs) mining and marketing company Implats, which on Wednesday reiterated its support for the Waterberg development project and its joint venture (JV) partners, also expressed its intention to remain an active participant in the project at its current 15% shareholding level.

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PGM PRODUCERS: Sibanye-Stillwater may delay reinstatement of dividend whilst economics unsettled

SIBANYE-Stillwater may keep shareholders waiting until after its interim results announcement in August before reinstating the dividend owing to the disruption posed by the COVID-19 pandemic, said CEO Neal Froneman.

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PGM PROJECTS: Generation Mining begins MT surveys on the Marathon Palladium Property

  • Date: 17-06-20
  • Category: PGM PROJECTS
  • Source: Globe Newswire

TORONTO, June 17, 2020 (GLOBE NEWSWIRE) -- Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce the engagement of Quantec Geoscience Limited to complete a Spartan Magnetotelluric (MT) geophysical survey over portions of the Company’s Marathon Property. The survey will be targeting down dip extensions to palladium enrichment zones at the W-Horizon as well as the large, high velocity seismic anomaly near the Sally Deposit. 

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PGM PROJECTS: Implats rules shareholder returns more important than greenfields Waterberg JV project

IMPALA Platinum (Implats) confirmed its intention not to take a majority position in the Waterberg JV project saying that shareholder returns and a strong balance sheet were its priorities over development of a new mine.

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BATTERIES: EIB and Umicore conclude €125M loan for EV battery materials production in Poland

  • Date: 17-06-20
  • Category: BATTERIES
  • Source: Green Car Congress

The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. The cathode materials will be supplied to battery manufacturers of high-tech lithium-ion batteries that are primarily used in electric vehicles.

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COBALT: Tesla to buy cobalt from Glencore for new car plants

  • Date: 16-06-20
  • Category: COBALT
  • Source: Financial Times

Tesla will buy cobalt from Glencore for use in two new car plants in a deepening of ties between Elon Musk’s electric car maker and the Swiss mining group. Glencore will supply Tesla’s new Shanghai Gigafactory and its planned Berlin facility with the metal used in lithium-ion batteries, according to people familiar with the matter.

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PGM PROJECTS: Platreef Successfully Completes Sinking of Shaft 1 to its Final Depth of Approximately 1,000 Metres Below Surface

  • Date: 16-06-20
  • Category: PGM PROJECTS
  • Source: Yahoo Finance

Mokopane, South Africa--(Newsfile Corp. - June 16, 2020) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's South African subsidiary, Ivanplats, has successfully completed the sinking of Shaft 1 to a final depth of 996 metres below surface, at the company's palladium, platinum, nickel, copper, gold and rhodium Platreef mining licence.

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ELECTRIC VEHICLES: Green number plates that could give electric car drivers perks get go-ahead

Drivers of zero-emission cars are to be given distinctive green number plates which could make them eligible to by-pass congestion zone charges or secure cheaper parking.

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