First Cobalt to produce battery grade cobalt by early 2021
First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America’s only primary producer of the key…
cobalt
Far North Snapshot: Eight companies exploring the frontiers
As existing deposits and mines are advanced, companies are looking for new frontiers to secure their long-term production and growth. The northern portion of this continent, with favourable geology, relative…
First Cobalt stakes claims near Iron Creek in Idaho
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has staked new claims to the west of its Iron Creek cobalt-copper project in Idaho – increasing its landholdings by 50%. The 43 new claims…
S&P Global lowers GDP, metals price forecasts
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
First Cobalt reports more positive results at Ontario refinery
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has produced a battery-grade cobalt sulphate for the second time in a row but using a different feed source, the company says. The second…
Mine disruptions escalate as virus rips around globe
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
TSX falls 14%, March 16-20: Kirkland Lake, Teck, Altius Minerals
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
First Cobalt pushes ahead with Ontario refinery
First Cobalt (TSXV: FCC) has announced that the feasibility study on an expansion of its Ontario refinery will be complete in the coming weeks. It is also in discussions with…
Explorers reduce activity over coronavirus threat
With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
PDAC: Coronavirus weighs on mining outlook
It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in…
Canada Nickel tables maiden Crawford resource
A day after its shares started trading on the TSX Venture Exchange, Canada Nickel Company (TSXV: CNC) released a maiden resource estimate for the wholly-owned Crawford nickel-cobalt sulphide project near…