Vancouver junior surges 60% after Africa cobalt deal
Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.
Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.
Scotiabank’s January commodity price index is good news for resource sectors.
An Italian professor at the Politecnico di Milano says that there could be an iron throne right below the apex of the Pyramid of Cheops, located in Giza.
Removing import tax on coking coal would soften the impact of rising costs on users of key steel-making fuel and promote alloy production.
Copper dropped 2.2 percent to $7,054.50 at 3:21 p.m. on the London Metal Exchange Tuesday. A close at that price would mark the biggest drop since Dec. 5.
Copper surged as much as 2.1 percent, the most since Nov. 13, to $7,262 a metric ton on the London Metal Exchange.
Aristotelis Mistakidis will lose control of industrial copper operations including mines and focus on the trading side of the business.
Return of Katanga mine increases dependence of the whole cobalt supply chain on just one highly problematic country, the Democratic Republic of Congo.
RNC Minerals in talks with commodity traders, mine operators and financiers to secure $1bn to build world's biggest nickel and cobalt project next year.
“We are very pleased to start up operations in BC... [w]e plan to be operational on multiple projects throughout 2018," the president of Cruz stated.