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PLATINUM: Clear investment case for platinum – Northam

  • Date: 25-11-19
  • Category: PLATINUM
  • Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – The current low price of platinum gives the metal a clear investment case, says Northam Platinum CEO Paul Dunne.

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PGM PRODUCERS: SA miners’ conundrum: palladium and rhodium output poser for platinum

Miners in SA face a conundrum: increasing palladium and rhodium output to take advantage of soaring price risks depressing the already fragile market for sister metal platinum.

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ACQUISITIONS: Louis Vuitton buys jeweller Tiffany for $16bn

The world's biggest luxury goods company is buying US-based jeweller Tiffany & Co for more than $16bn (£12.5bn).

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WAGE NEGOTIATIONS: Royal Bafokeng Platinum concludes five-year wage agreement

RBPlat is pleased to announce that it has concluded a further five-year wage agreement with its permanent employees,represented by the National Union of Mineworkers (NUM). This agreement, which has been achieved through a collaborative process exemplified by mutual respect between RBPlat and NUM, will provide RBPlat with five years of stability. The Company acknowledges with appreciation to the union the maturity with which these very difficult negotiations were conducted.

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HYDROGEN: Linde signs MoU with Baowu Clean Energy to further develop China's hydrogen market

  • Date: 25-11-19
  • Category: HYDROGEN
  • Source: Linde

Guildford, UK, November 25, 2019 - Linde (NYSE: LIN; FWB: LIN) announced today that it has signed a memorandum of understanding (MoU) with Baowu Steel Group's new subsidiary, Baowu Clean Energy Ltd, to jointly cooperate on research and development to further develop China's hydrogen market for industrial and mobility applications. The two companies will work together to increase the accessibility of hydrogen to industries and advance the acceptance of hydrogen mobility solutions in China. Under

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SOUTH AFRICA: ANC must be more race and gender inclusive - Ramaphosa

The ANC must do more to be inclusive of all races and to promote the interests of women, party president Cyril Ramaphosa said during the OR Tambo Memorial Lecture in Limpopo over the weekend.

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WAGE NEGOTIATIONS: South Africa's RBPlat concludes five-year wage deal with unions

JOHANNESBURG, Nov 25 (Reuters) - South African mining company Royal Bafokeng Platinum RBPJ.J said on Monday it had agreed to a five-year wage deal with its biggest trade union the National Union of Mineworkers (NUM).

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ESKOM: Ramaphosa signs bill granting Eskom R59bn

  • Date: 25-11-19
  • Category: ESKOM
  • Source: Fin 24

President Cyril Ramaphosa has assented to a special appropriation bill which will see Eskom get an additional R59bn in the next two years.

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