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AUTO SALES: China vehicle sales fell 8.2% in 2019, industry association says

  • Date: 13-01-20
  • Category: AUTO SALES
  • Source: Auto News

BEIJING/SHANGHAI -- Automakers in China need to get used to a new normal of "low-speed growth" in the world's largest car market, the country's top auto body said on Monday, as it reiterated predictions that sales will likely shrink for the third consecutive year in 2020.

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JEWELLERY: Tiffany Presents Its Interim Holiday Period Sales Results

  • Date: 13-01-20
  • Category: JEWELLERY
  • Source: Tiffany

Tiffany & Co. today presented its preliminary sales results for the interim period from November 1, 2019 through December 24, 2019 (the “2019 interim holiday period”). Worldwide (unaudited) net sales for the 2019 interim holiday period increased approximately 1 - 3% as compared to the same period in 2018. Alessandro Bogliolo, Chief Executive Officer, said, “We are pleased to present our interim sales results for this important season, which reflect improved global trends compared to previous quarters this year.

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PGM PROJECTS: BWCA Win: Minnesota Court Rejects Mining Permits

Courts dealt a major victory to environmentalists in the years-long battle over mining near Minnesota’s Boundary Waters Canoe Area Wilderness.

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PGM PRODUCERS: Stage 6 Load shedding, downpours hurt Tharisa

JOHANNESBURG - Tharisa Minerals, the JSE-listed family-owned chrome and platinum group metals (PGM) producer, said on Friday that heavy downpours and Stage 6 load shedding had affected output in the quarter to the end of December 2019.

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PGM PROJECTS: Court reverses PolyMet's key DNR permits; calls for contested case hearing

The Minnesota Court of Appeals dealt a blow to the proposed PolyMet copper-nickel mine Monday, overturning three key state permits that had been issued to the project — and requiring the state to conduct a hearing before it works to reissue those permits.

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PGM PROJECTS: PolyMet permit reversal is disappointing

  • Date: 13-01-20
  • Category: PGM PROJECTS
  • Source: Duluth News Tribune

After 15 long and trying years of scientific study, environmental safeguarding, exhaustive public review, and more — all in accordance with state law — PolyMet, understandably, was “disappointed” this week after the Minnesota Court of Appeals stripped away key permits it needs to open Minnesota’s first copper-nickel mine.

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ESKOM: Eskom Chairman Resigns as South Africa Blackouts Resume

  • Date: 11-01-20
  • Category: ESKOM
  • Source: Bloomberg

The chairman of Eskom Holdings SOC Ltd. resigned from his post after the South African power utility resumed rolling blackouts earlier than expected in 2020.

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PGM PRODUCERS: Tharisa: PGMs recovered at 82.2% with production of 34.4 koz

Tharisa CEO Phoevos Pouroulis says: “A solid operational performance from mining and processing lead to a stable quarter despite the adverse impact of weather, and the well-publicised Eskom power shortages,”

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