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PGM PRODUCERS: Implats cuts output guidance

JOHANNESBURG - Impala Platinum (Implats) has slashed both the production and capital expenditure guidance by 15 percent and withdrawn its unit costs guidance for the 2020 financial year due to unprecedented uncertainty caused by the Covid-19 pandemic.

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PGM PRODUCERS: RBPlat bucks turbulent trend with stable first-quarter production

JOHANNESBURG (miningweekly.com) – Platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Wednesday reported stable first-quarter production output despite significant operational headwinds related to power grid stability, the Anglo American Platinum (Amplats) force majeure declaration and the Covid-19 pandemic.

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COVID-19: World has 'historic' opportunity for green tech boost, says global watchdog

  • Date: 28-04-20
  • Category: COVID-19
  • Source: Reuters

LONDON (Reuters) - Global efforts to minimise the economic fallout from the coronavirus pandemic present an historic opportunity to scale up the technologies needed to speed a transition to cleaner energy, the head of the world’s energy watchdog says.

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AUTO SALES: Europe Beats China in Electric Vehicle Sales, Study Shows

  • Date: 24-04-20
  • Category: AUTO SALES
  • Source: Bloomberg

Europe’s five largest automotive markets edged past China in electric vehicle registrations in the first quarter of 2020, as China battled the outbreak of the coronavirus and imposed shutdowns countrywide, according to a study by PwC and its strategy consulting subsidiary Strategy&.

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PGM PRODUCERS: RBPlats quarterly review and production report for the period 1 January 2020 to 31 March 2020

  • Date: 24-04-20
  • Category: PGM PRODUCERS
  • Source: Royal Bafokeng Platinum

Notwithstanding the winding down of mining activities to ensure that our underground operations were safely and effectively placed into a care and maintenance cycle for the duration of the initial 21-day National Lockdown, total reef tonnes hoisted for the quarter increased by 8.7% to 954 kt. BRPM tonnes hoisted were 1.5% lower at 520 kt and Styldrift tonnes hoisted increased by 24.0%to 434 kt.

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PGM PRODUCERS: Sibanye-Stillwater third update on impact of COVID-19 and Executive management portfolio change

  • Date: 23-04-20
  • Category: PGM PRODUCERS
  • Source: Sibanye-Stillwater

Further to previous communiques regarding: 1) the deferral of non-essential growth capital expenditure at the US PGM operations in order to reduce employee numbers during the COVID-19 pandemic, 2) the suspension of our South African (SA) operations in response to the initial nation-wide lockdown announced by the President of the Republic of South Africa and 3) approval for limited mining and processing at the SA operations,subject to the implementation of agreed protocols to address COVID-19 related health and safety risks, Sibanye-Stillwater provides stakeholders with a further update.

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PGM PRODUCERS: Anglo American Platinum production report for the first quarter ended 31 March 2020

  • Date: 23-04-20
  • Category: PGM PRODUCERS
  • Source: Anglo American Platinum

Total PGM production of 954,800 ounces decreased 7% (against prior period Q1 2019), with platinum production down 7% to 440,900 ounces and palladium production down 7% to 303,100 ounces. The impact of the shutdowns implemented by the Government of the Republic of South Africa (RSA) in response to curbing the outbreak of COVID-19 led to a loss of 61,000 PGM ounces in the quarter. Eskom load-shedding also impacted production, largely at Amandelbult, resulting in a loss of 8,300 PGM ounces.

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AUTO PRODUCTION: VW, Renault Fire Up Factories in Bet That Car Demand Will Follow

Manufacturers from Volkswagen AG to Renault SA and Daimler AG are restarting factories in Europe with little visibility about how much actual demand there will be once customers emerge from restrictions that made car-buying impossible for most people.

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