DRC to slap export quotas on cobalt
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer accounting for three-quarters of output, plans to place export quotas on the battery metal after setting a four-month ban…
Tin
Tin prices hit two-year high as Congo mine halts
Tin prices surged to their highest level in more than two years after Alphamin Resources (TSXV: AFM) suspended its Bisie mine because rebels in the Democratic Republic of the Congo…
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
Middlemen and local militias steal billions from the Democratic Republic of Congo’s (DRC) cobalt and coltan trade, fuelling conflict and leaving the nation poor, according to a political analyst. The…
Cornish Metals nets $100M for South Crofty tin project
The fundraising drew support from existing shareholders and the UK’s National Wealth Fund.
Vision Blue grants Cornish Metals £7 million backing
Cornish Metals (TSXV: CUSN; LSE: CUSN) has received a £7-million (around US$9 million) credit facility from shareholder Vision Blue Resources, to help it reopen the South Crofty tin mine in…
SQM deal with Andrada taps into Namibian lithium
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has entered into a three-stage earn-in agreement with South Africa-based Andrada Mining (LSE: ATM) to jointly develop the Lithium Ridge asset…
Qatar joins US in backing privately held critical minerals play TechMet
Since inception, TechMet has invested more than $450 million into projects across North and South America, Europe and Africa.
Elemental Altus to pay $4.5M for Far North tungsten royalties
The move comes after the sale of the Nickel King property, highlighting the company’s focus on advancing the South Crofty tin project in the UK.
Copper to retest US$10,000 a tonne: Citi, BMO
Copper prices may rise past the US$10,000-per-tonne mark again in the coming weeks due to a Chinese smelter supply shortage and anticipated grid investments by the Asian giant, according to…
Canada’s Cornish Metals to sell Nickel King asset
Cornish Metals (TSXV: CUSN; LSE: CUSN) is selling its Nickel King property in the Northwest Territories to Northera Resources for up to US$6 million to focus on advancing its flagship…
Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals
Apple has said in the past that it does not directly buy, procure or source primary minerals, and it has been auditing its suppliers for several years.
Cornish Metals’ UK tin project worth over US$200M, new study says
A preliminary economic assessment (PEA) for Cornish Metals‘ (LSE: CUSN; TSX-V: CUSN) South Crofty tin project in England gives it a post-tax net present value (NPV) of US$201 million at…