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PGM PRODUCERS: Implats June 2020 market update

Implats refers to its SENS announcement of 30 April 2020 which provided revised Group guidance for FY2020. The Group cautioned at the time as to the fluidity of the operating environment created by the Covid-19 pandemic and its potential impact on guided production parameters. Implats is therefore pleased to provide a further market update ahead of its closed period starting 30 June 2020.

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ELECTRIC VEHICLES: Coronavirus will boost to electrification shift, VW and Bentley execs say

LONDON -- Government incentives and automaker investment decisions resulting from the coronavirus pandemic will accelerate the move to electrification, Volkswagen Group executives said.

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ESKOM: Eskom’s plan to split into 3 units challenged by unions

  • Date: 21-06-20
  • Category: ESKOM
  • Source: My Broadband ZA

The plan to unbundle Eskom into three separate entities is being challenged by workers unions. According to Rapport, labour unions Solidarity and the National Union of Metalworkers of South Africa (NUMSA) have lodged grievances with the Commission for Conciliation, Mediation and Arbitration (CCMA).

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NORNICKEL: Cleanup for Arctic oil spill tops $1B

  • Date: 21-06-20
  • Category: NORNICKEL
  • Source: Guam Daily Post

MOSCOW – President Vladimir Putin said on Friday the scale of the clear-up operation after a huge fuel spill in the Arctic was unprecedented for Russia, with Greenpeace estimating the environmental damage to waters in the region at $1.4 billion.

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PGM PROJECTS: DNR sends 'totally wrong signal' on access to secret copper mining study

  • Date: 20-06-20
  • Category: PGM PROJECTS
  • Source: Star Tribune

The Minnesota Department of Natural Resources (DNR) has fumbled away an opportunity to free up the sweeping study kept secret by the Trump administration of copper mining's risks to the Boundary Waters Canoe Area Wilderness watershed. The misstep undermines the strong message from state officials last November that they "expect to have access" to the research kept under wraps now for almost two years. At issue is a June 9 decision by the DNR to authorize temporary access to 680 acres of state land to Twin Metals Minnesota. Owned by Chilean mining giant Antofagasta, it is one of several companies aiming to eventually mine the rich deposits of copper, nickel and other precious metals in northeast Minnesota.

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NORNICKEL: Nornickel plans to build fish farm to restore fish population after fuel spill

  • Date: 19-06-20
  • Category: NORNICKEL
  • Source: TASS

KRASNOYARSK, June 19. /TASS/. The Norilsk Nickel Company (Nornickel) will restore the fish population and will open a fish farm in northern Krasnoyarsk Region following the fuel spill at Norilsk’s thermal power plant in May, the company wrote on its Telegram channel.

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ACQUISITION: BHP agrees to buy new Norilsk’s nickel tenements in Western Australia

  • Date: 19-06-20
  • Category: ACQUISITIONS
  • Source: Mining Technology

Multinational commodities giant BHP has signed a deal with Norilsk Nickel Australian Holdings’ subsidiary MPI Nickel to acquire the Honeymoon Well nickel project in Western Australia (WA).

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SOUTH AFRICA: Lesetlheng Community buries hatchet with Pilanesburg Platinum

  • Date: 19-06-20
  • Category: SOUTH AFRICA
  • Source: Mining Review

Since 2012, when Pilanesberg Platinum Mine (PPM) acquired mining rights over the farm Wilgespruit, the Lesetlheng Land Committee (LLC) has engaged in a longstanding dispute and many court battles with the mine.

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