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ESKOM: Union threatens power cuts if Eskom is split into three

  • Date: 31-10-19
  • Category: ESKOM
  • Source: Fin 24

In protest against government’s plan to divide Eskom into three units, the National Union of Mineworkers (NUM) is threatening to strike in an effort to trigger country-wide blackouts.

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PGM PRODUCERS: Sibanye's profit triples, on track to resume dividends

Sibanye Gold [JSE: SGL] the world’s biggest platinum miner, said it’s on track to resume dividend payments in the latter half of 2020 as third-quarter earnings more than tripled.

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ZIMBABWE: Zimbabwe is eyeing a platinum-led revival. But miners see little chance

  • Date: 31-10-19
  • Category: ZIMBABWE
  • Source: Fin 24

Zimbabwe’s government is banking on a platinum-mining boom to help revive its collapsing economy. The world’s biggest platinum companies say it isn’t going to happen.

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PGM PRODUCERS: After a massive year for its investors, Implats reports decline in output

Implats saw a 2.4% decline in production, to 5.2m tonnes in the quarter to end-September, from 5.34m tonnes in the same period last year.

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AUTO NEWS: Fiat Chrysler, PSA confirm talks on potential tie-up

  • Date: 30-10-19
  • Category: AUTO NEWS
  • Source: Auto News Europe

MILAN/PARIS -- Fiat Chrysler Automobiles and PSA Group said they are in talks about a possible combination, in a potential deal that would reshape the global auto industry and create a European powerhouse to rival Volkswagen Group.

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ELECTRIC VEHICLES: China’s Electric Carmakers Battle for Survival After Subsidies Scaled Back

When Elon Musk’s Tesla Inc. delivered positive earnings few saw coming last quarter, China’s top electric carmakers were weathering a historical contraction in demand.

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FUEL CELLS: Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

  • Date: 30-10-19
  • Category: FUEL CELLS
  • Source: Green Car Congress

Hyundai Motor Company announced key investments into three hydrogen companies—Impact Coatings, H2Pro and GRZ Technologies—to strengthen its leadership position in the global hydrogen fuel cell ecosystem.

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PGM PRODUCERS: Sibanye mulls over moving primary listing to New York

JOHANNESBURG – Sibanye Gold chief executive Neal Froneman is considering moving the South African miner’s primary listing to New York from 2021 after he curbs the company’s debt.

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