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ACQUISITION: Implats, North American Palladium to seal the deal Dec. 13

  • Date: 05-12-19
  • Category: ACQUISITIONS
  • Source: Northern Ontario Business

Shareholders of North American Palladium (NAP) voted 96 per cent in favour of a takeover by Impala Platinum Holdings.

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PGM PRODUCERS: Investec Asset Management raises Sibanye shareholding to 5.40%

Specialist investment manager Investec Asset Management has increased its shareholding in precious metals miner Sibanye-Stillwater to 5.40%.

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PGM PROJECTS: Clock ticking on Waterberg JV project as Implats approves $874m study findings

THE clock has been set ticking on the Waterberg Joint Venture, a palladium project in South Africa’s Waterberg district over which Impala Platinum (Implats) has the option to become its lead backer.

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ESKOM: Here we go again: Eskom implements stage 2 load shedding

  • Date: 05-12-19
  • Category: ESKOM
  • Source: Eye Witness News

CAPE TOWN/JOHANNESBURG - Eskom announced that it will implement stage 2 load shedding from 4pm until 11pm on Thursday.

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ESKOM: South Africa hit by power cuts as Eskom units break down

  • Date: 05-12-19
  • Category: ESKOM
  • Source: Reuters

JOHANNESBURG, Dec 5 (Reuters) - South Africa was hit by power cuts on Thursday after a number of generating units broke down, forcing the struggling state power utility Eskom to cut up to 2,000 megawatts (MW) of power from the national grid on a rotational basis.

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NORNICKEL: Russia’s Richest Man Starts Testing Sales of Crypto Metal Tokens

  • Date: 05-12-19
  • Category: NORNICKEL
  • Source: Bloomberg

MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales.

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COBALT: SK Innovation inks six-year agreement with Glencore for cobalt supply

  • Date: 04-12-19
  • Category: COBALT
  • Source: Mining Weekly

Petroleum refining company SK Innovation has signed a six-year agreement with global mining and commodities trader Glencore for up to 30 000 t of cobalt contained in hydroxide between 2020 and 2025.

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ACQUISITION: North American Palladium sale approved by shareholders

  • Date: 04-12-19
  • Category: ACQUISITIONS
  • Source: TBS News Watch

TORONTO — Shareholders of North American Palladium Limited have approved the sale of the company to South Africa-based Impala Platinum Holdings.

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