"Cobalt Power is fortunate to have Mr. Healey lead our exploration efforts in the Cobalt Mining Camp in that he brings extensive experience in all aspects of mining from exploration to production. Under his direction, the Company expects to announce an active 2018 exploration season within the next 30
West Perth, WA / March 13, 2018 / JMN Wire / Metalicity Limited (ASX: MCT) ("MCT" or "Company") is pleased to report new targets have been generated while further field work and an approximate 4 hole 1,000m Diamond and/or RC drilling program is set to commence at the Yerrida Cobalt Project, located in the Yerrida
TORONTO, March 9, 2018 /CNW/ - Further to the news release of First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the "Company") dated December 21, 2017 and the management information circular of the Company dated January 29, 2018, the Company is pleased to announce that the shareholders have
The cobalt miners strangely fell in January following the lithium miners despite very strong cobalt price gains. The cobalt miner fundamentals are still very solid with a restricted supply and surging demand. Electric vehicle sales accelerated in 2017 finishing with a 58% increase. New punitive DRC taxes
The Democratic Republic of Congo imminent law that more than double the tax miners operating in the country pay on exports of cobalt, will severely affect buyers of the metal, a key component in the lithium-ion batteries that power electric cars and mobile phones. "Given the tight nature of the cobalt market
Patta and her team traveled along collapsing dirt roads and saw children everywhere, digging for cobalt among abandoned open pit mines. It was clear that security officials in charge there - only some of them in uniforms - have something to hide. There's such sensitivity around cobalt mining in the DRC
Battery producers will continue their rush to ensure continued supplies of raw materials like cobalt amid soaring demand. New mining regulations in the Democratic Republic of the Congo remain in limbo, but any change to the code will result in a backlash by the many large mining operations in the country
CBS News' investigation of child labor in African cobalt mines revealed the shocking fact that tens of thousands of children are still growing up without a childhood. On Monday we showed you how most of the mineral used to make batteries is unearthed in the Democratic Republic of Congo. Many top
Apple recently announced that the company is in talks with several cobalt mining companies. Concerns about the rising prices of cobalt, a base metal used in the production of batteries, has been causing industrial buyers to seek longer-term contracts to lock in supplies. The trouble with cobalt is that most of
A CBS News investigation has found child labor being used in the dangerous mining of cobalt in the Democratic Republic of Congo. The mineral cobalt is used in virtually all batteries in common devices, including cellphones, laptops and even electric vehicles. A report by Amnesty International first
With almost 100% of world cobalt production tied to copper and nickel production globally, cobalt supply is subject to potential unintended swings in global copper and nickel commodity prices. Finding new sources of cobalt mined as a primary metal, and not a bi-product of mining another metal, is essential
Battery producers will continue their rush to ensure continued supplies of raw materials like cobalt amid soaring demand. New mining regulations in the Democratic Republic of the Congo remain in limbo, but any change to the code will result in a backlash by the many large mining operations in the country
The new code approved by lawmakers removed a measure protecting mining-license holders from complying with changes to the fiscal and customs regime for 10 years. That means all mines will immediately be subjected to higher royalties on metals including copper, cobalt and gold. The proposed law
Cobalt Power today is one of the largest landholders in the historic Cobalt mining camp in and around Cobalt, Ontario. We have extensive drilling inventory and acreage to amass a very large resource play potential in Cobalt", comments Dr. Andreas Rompel, President & CEO. Between 1903 and 1966, the
In Congo's sun-scorched and dusty south, thousands of miners scour underground tunnels hunting for cobalt. Many of them work by hand. That's why they are known as creuseurs - French for diggers. They don't use power tools. They don't wear face masks and often no gloves. They do it because they
Hence, cobalt has gone mainstream as an investment opportunity, despite its substantial rise in price over the years. Roughly half of cobalt's production comes from the wartorn northwest corner of Democratic Republic of the Congo, a country with severe human rights violations, dangerous mining
Vancouver-based Secova Metals (TSXV: SEK) announced today that, with the acquisition of 1151640 B.C. Ltd, it has taken over 40 claims or approximately 2,186 hectares in eastern Quebec. The claims are contained within the Muskrat, Boudrais and Peribonka-Begin cobalt projects. Half of those claims,
Some tire-kickers have been asking Agnico Eagle Mines about their cobalt deposits in northeastern Ontario. In a Feb. 26 interview with Bloomberg News, CEO Sean Boyd said they've been approached by companies inquiring about their extensive and dormant holdings in the legendary silver camp where
West Perth, WA / February 27, 2018 / JMN Wire / Walkabout Resources Ltd (ASX: WKT) is pleased to announce that a review of the recently acquired datasets covering the Company's tenements in Northern Ireland, either held directly or through joint venture, has confirmed the presence of cobalt-copper-silver (Co-Cu-Ag)
In order to meet its own cobalt needs, Apple is reportedly planning to go straight to the source and secure it directly from the mines. The news follows investigations into cobalt mines in recent years that have repeatedly revealed incidents of child labor and hazardous working conditions. According to