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SOUTH AFRICA: The importance of localisation has never been more evident

  • Date: 16-05-20
  • Category: SOUTH AFRICA
  • Source: Engineering News

The South African government has been encouraging the localisation of manufacturing for years and, given the current Covid-19 pandemic and its effect on global supply chains, this drive has become more pertinent, says refractory producer and supplier Refractory and Metallurgical Solutions (RMS).

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PGM PRODUCERS: South Africa's Impala closes platinum mine due to coronavirus cases

JOHANNESBURG (Reuters) - South Africa’s Impala Platinum said on Saturday it would temporarily close its Marula mine after detecting 19 coronavirus cases among workers reporting back for duty at the site in northern Limpopo province.

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NORNICKEL: Nornickel Advances Additional Life-Saving Support to the Population in the Russian Far North

  • Date: 15-05-20
  • Category: NORNICKEL
  • Source: Digital Journal

​In a continuing effort to support local communities where Norilsk Nickel operates, the company extended additional measures that will help tens of thousands of people to get medical help and protection, weather the pandemic and make their ends meet. 

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PGM PRODUCERS: Sibanye’s Froneman says no M&A until debt cut and dividend revived

Neal Froneman, the CEO of diversified precious-metals producer Sibanye-Stillwater, is in no hurry to acquire new assets. Amid the Covid-19 pandemic, the company is focusing on deleveraging, which means paying down debt and bringing back a dividend.

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MACROECONOMICS: France to Unveil Aid Packages for Auto, Aviation Industries

French Finance Minister Bruno Le Maire pledged government-support measures for the car and aviation industries by the end of June, including incentives to buy electric vehicles.

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NORNICKEL: Russia's Nornickel uses freight flights for palladium exports amid coronavirus

  • Date: 14-05-20
  • Category: NORNICKEL
  • Source: Nasdaq

MOSCOW, May 14 (Reuters) - Russia's Norilsk Nickel GMKN.MM, the world's largest palladium producer, said on Thursday it was using air cargo flights to ship supplies of palladium and platinum because most of the passenger flights it usually uses had been suspended.

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ESKOM: Eskom Considers Delaying Closure of Three Coal-Fired Plants

  • Date: 14-05-20
  • Category: ESKOM
  • Source: Bloomberg

Eskom Holdings SOC Ltd., South Africa’s state-owned power utility, is considering delaying the closure of three of its oldest coal-fired power plants by several years to maintain generation capacity.

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PGM PROJECTS: Clean Air Metals Advancing two Ontario PGE-Nickel-Copper projects

  • Date: 14-05-20
  • Category: PGM PROJECTS
  • Source: Resource World

Clean Air Metals Inc. is the new corporate entity created from the former Regency Gold Corp. shell company. Noting the drive for carbon-free transportation, the new management team is focused on two platinum-palladium-nickel-copper exploration projects in northwestern Ontario.

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