(CNN) A problem for Uber, and another for clean energy companies. The people who built America, and the people who are changing it. Here's what you missed during a busy news week. Uber drivers accused of sexual assault or abuse. After an evening of cocktails, a woman passed out in the backseat of
CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA). In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former
The Democratic Republic of Congo is at the epicentre of a global "gold rush". Cobalt mined in the country's makeshift artisanal mines is essential for electric car batteries powering the world's clean energy revolution - but at what cost? A CNN investigation found evidence of child labour in some of these
The prize is a battery mineral, cobalt, which Glencore produces in the DRC and whose value has almost tripled since the electric-vehicle revolution accelerated at the start of 2017. It will be a tough fight. In the DRC Glencore is currently facing the potential loss of one of its biggest mines and sharply higher
Wall Street is aghast at Elon Musk's dismissive attitude toward analysts' probing following a quarter of record (but less than expected) losses for Tesla, but the electric vehicle maker did provide some answers to questions that's been vexing the mining industry. Benchmark Mineral Intelligence, a provider of
The Democratic Republic of Congo is at the epicentre of a global "gold rush". Cobalt mined in the country's makeshift artisanal mines is essential for electric car batteries powering the world's clean energy revolution - but at what cost? A CNN investigation found evidence of child labour in some of these
But they have a problem: Much of the cobalt used in lithium-ion batteries comes from a country where children work in mines. CNN has revealed that child labor is still being used to mine the valuable mineral at some operations in the Democratic Republic of Congo (DRC). This country produces about
A silver intercept of 8.0 metres grading 31 g/t silver is part of the same vein network, highlighting the potential for undiscovered cobalt-rich areas near the historic mines. The zone remains open along strike and drilling in the area is ongoing. The 2018 Cobalt North program consists of 17,000 metres with
At the same time, relations with the Congolese authorities are under strain from a dispute with the government over a new mining code. Investors are watching closely, particularly for any impact on supplies of cobalt from Congo, which is by far the world's biggest producer of the metal whose uses include
TORONTO, May 2, 2018 /CNW/ - Cobalt Power Group Inc. ("Cobalt Power" or the "Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce the appointment of Mr. Greig Hutton, P. Eng., MSc (Geology) as President and CEO. Mr. Hutton has over 20 years of experience in mining and business development, and
A day after a CNN investigation into abuses in cobalt mining, the maker of Mercedes cars pledged to investigate its supply chain to ensure child labor is not being used to power its electric vehicles. "We want to prevent violations of human rights effectively at an early stage, and have created the necessary
The new staking rush around the Town of Cobalt has ushered in an upcoming mining conference this fall to showcase this area of northeastern Ontario. Within the last two years, the area around the town has become fertile ground for junior miners eager to jump on the electric vehicle and lithium-ion battery
The 8-claim Ramsay cobalt property covers 2500 hectares located on highway 180 approximately 25 km west of the Caribou mine operated by Trevali Mining Corp. in the Bathurst Mining Camp ("BMC") of New Brunswick, Canada. Well-developed infrastructure includes paved road access and nearby
The Company has a large, highly prospective land package in the Republic of Uganda, East Africa bordering historic production and on the same mineral trends as some of the major mines in the neighbouring DRC where over 60% of world cobalt supply originates. Uganda is a stable country with a growing economy
Annual production of the raw material is only around 100,000 tonnes primarily as a byproduct of nickel and copper mining. The Democratic Republic of the Congo today has six of the top 10 cobalt mines globally. Due primarily to Chinese investment, by 2022, the central African nation will host the nine
Glencore, the largest producer of cobalt from the Democratic Republic of Congo, has warned that a new focus on sourcing cobalt from small-scale miners in the resource-rich country increases the risks of child labour. The miner and trader said it had noticed "an increasing interest in responsible cobalt
In a move that will shed light on all sources, Apple is reportedly looking to buy cobalt directly from the miners that produce the stuff, mostly in the DRC where about two-thirds of cobalt is sourced. Cobalt focused companies already moving to increase supplies of the mineral include Freeport-McMoRan
But the market for cobalt isn't very big, and there aren't many easy ways for investors to bet on prices. The metal is a minor byproduct of copper and nickel mining, and only a few places produce meaningful quantities. More than half the world's supply comes from the Democratic Republic of Congo, an
The Kasombo 7 results demonstrate that more work is needed there to better understand the cobalt mineralisation, and whilst we are encouraged by the extensive workings by artisanal miners, which have exposed cobalt mineralisation, additional channel sampling and trenching work will now proceed to
Cobalt touched its highest level in almost 10 years last week after Democratic Republic of Congo (DRC) President Joseph Kabila signed a new mining code that could increase taxes and royalties for the metal. Cobalt, a key element in the lithium-ion batteries used to power electric cars, has been surging