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ESKOM: NERSA gives the green light to Eskom to increase tariffs

  • Date: 18-05-20
  • Category: ESKOM
  • Source: ESI Africa

The National Energy Regulator of South Africa (NERSA) has approved Eskom’s request to recover R13.3 billion as part of the power utility’s regulatory clearing account (RCA) application for the 2018/19 year.

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PGM PRODUCERS: Marikana proves to be a standout performer in Sibanye’s hands

The Marikana assets have been the standout SA platinum assets for Sibanye-Stillwater, underscoring a smart transaction for the world’s largest platinum group metals (PGMs) supplier as it considers a return to dividends.

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PLATINUM: Impact of virus on platinum demand softened by Amplats refinery and lockdown halts

  • Date: 18-05-20
  • Category: PLATINUM
  • Source: Mining MX

THE previously forecast surplus in the platinum market this year would widen but not as severely as first expected, said the World Platinum Investment Council (WPIC).

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PGM PROJECTS: PTM says market remains strong while it awaits Waterberg mining right grant

  • Date: 18-05-20
  • Category: PGM PROJECTS
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – TSX- and NYSE-listed Platinum Group Metals (PTM) has reiterated that it expects the South African Department of Mineral Resources and Energy to grant its Waterberg platinum/palladium joint venture (JV) project a mining right during June, as lockdown measures start to ease in the country.

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PGM PRODUCERS: Sylvania Platinum restarts all dump operations

Sylvania Platinum updated the market on the status of the Sylvania dump operations (SDO) on Monday, following the easing of Covid-19 restrictions on mining companies by the South African government.

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PGM PROJECTS: PTM says SA Govt. could make decision on Waterberg JV mining licence application in June

A MINING licence could be awarded to Platinum Group Metals’ (PTM’s) palladium project, the Waterberg Joint Venture in South Africa, as early as June, said PTM president and CEO, Mike Jones.

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AUTO PRODUCTION: Wuhan offers consumer incentives to support local auto industry

A Dongfeng Honda factory after lockdown measures in Wuhan, the capital of Hubei province and China's epicenter of the novel coronavirus disease outbreak, were further eased on April 8, 2020.

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ESKOM: South African energy regulator allows Eskom to claw back $718m in tariffs

  • Date: 16-05-20
  • Category: ESKOM
  • Source: CGTN Africa

South African energy regulator Nersa said on Friday it will allow utility Eskom to recover 13.3 billion rand ($718 million) from customers for electricity supplied in the 2018/19 financial year, lower than what the state-owned power utility had applied for.

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