First Cobalt more than doubles holdings in Idaho
It has added Phoenix Copper’s Redcastle asset to its Iron Creek cobalt project through an earn-in agreement for 224 hectares of property, expanding its land position to over 1,820 hectares.
cobalt
Glencore leads miners group in cobalt blockchain pilot
Mining and commodities trader Glencore (LSE: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce using blockchain technology. The group,…
First Quantum sells 30% stake in Ravensthorpe to POSCO for US$240M
First Quantum Minerals (TSX: FM) is selling a 30% stake in its Ravensthorpe nickel operation in Western Australia to South Korean steel giant POSCO for US$240 million. The funds will…
Canada has “right ingredients” to be EV battery leader
Canada has a “once-in-generation” opportunity to establish itself as a major player in the global battery sector, but it needs to act fast to seize the opportunity, a new report reflecting the…
TSX Venture down, May 10-14
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce. Filo Mining jumped $3.57…
Chinese EV makers may be looking at western markets, CRU report says
China, the country leading global sales of new energy vehicles (NEVs), not only will maintain its market position accounting for half of all expected global NEV during the next decade,…
Commodities that will rule the green, digital transition
A new report by Fitch Solutions forecasts that some ‘conventional’ commodities will receive an added boost in the next 20 years as they take a central stage in the green…
Metals price rally could hamper switch to green energy — IEA
Soaring metals prices may be good for miners, but they risk the ongoing transition to clean energy as batteries, solar panels and wind turbines need considerable amounts of copper, nickel,…
Manganese, nickel, silicon – main focus of battery research
A new whitepaper by Roskill that examines the potential of patent analysis to understand the lithium-ion battery technological landscape found the market trend is decidedly leaning towards nickel, cobalt, manganese…
Two charts show why investors are right to love mining streaming companies
Despite keen investor interest, streaming and royalty deals still only make up a fraction of overall debt and equity financing in the mining industry, accounting for just 1%–3% from 2017…
Deep-sea mining tests resume as lost robot rescued
Belgium’s Global Sea Mineral Resources (GSR) has resumed tests that could lead to the mining of battery minerals from the Pacific Ocean floor after it managed to recover a robot…
Africa Snapshot: Eight companies seeking opportunities
Be it gold, copper or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new resource…