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ELECTRIC VEHICLES: Toyota to invest $2 billion in developing EVs in Indonesia

JAKARTA -- Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said.

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PGM PRODUCERS: Platinum Giants Resist Pay Demands After Hitting Price Jackpot

The world’s biggest platinum producers face a dilemma: they’re reporting bumper profits just as they enter negotiations with labor unions over a three-year wage deal.

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CONGO: Deadly collapse at Glencore’s Congo mine claims over 40 lives

  • Date: 27-06-19
  • Category: CONGO
  • Source: Mining MX

The death toll at the Glencore-owned Kamoto Copper Company (KCC) mine in the Democratic Republic of the Congo has risen to over 40.

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SOUTH AFRICA: ANC scores comfortable wins but EFF makes inroads

  • Date: 27-06-19
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

The African National Congress retained the two wards contested on Wednesday with relative ease, but the Economic Freedom Fighters exhibited growth in both wards. The by-elections took place in Polokwane in Limpopo and Emakhazeni in Mpumalanga.

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FUEL CELLS: Former Chinese Minister Wan Gang on EVs: “It’s Hydrogen’s Turn”

  • Date: 27-06-19
  • Category: FUEL CELLS
  • Source: CBT News

If you look into the history of the electric vehicle (EV), you are bound to see Wan Gang’s name somewhere. Known as China’s “father of electric cars,” Wan has revolutionized the EV market just within the past couple of decades. He turned China into the largest EV market by tirelessly promoting the environmental benefits of switching to EVs as well as using government subsidies to attract new customers. Overall, his EV mission can be labelled a success.

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ACQUISITIONS: Generation Mining Signs Definitive Acquisition Agreement with Sibanye-Stillwater

  • Date: 26-06-19
  • Category: ACQUISITIONS
  • Source: Finance Yahoo

Generation Mining Ltd. (the “Company” or “Gen Mining”) has signed an acquisition agreement with Sibanye Gold Ltd., trading as Sibanye-Stillwater, pursuant to which, on closing the Company will earn an initial 51-per-cent interest (the “First Interest”) in Sibanye-Stillwater's Marathon PGM deposit located near Marathon, Ontario (the “Property”) and form an unincorporated joint venture with Stillwater Canada Inc. The property consists of 45 mining leases totalling 8450 hectares, and an additional...

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PGM PRODUCERS: Northam to restart operations at Eland’s fully funded Kukama shaft

JOHANNESBURG (miningweekly.com) – Platinum group metals (PGM) mining and marketing company Northam Platinum on Wednesday announced the company’s decision to recommence operations in the new 2020 financial year at the Kukama shaft situated at the Eland mine complex in Brits.

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PGM PRODUCERS: Amplats surges 5.5% after forecasting an 80% leap in earnings

JOHANNESBURG - Anglo American Platinum (Amplats) surged almost 6percent after forecasting an 80percent leap in earnings for the six months to June on the back of the stronger platinum group metals (PGM) price.

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