ORENINC INDEX up as gold shows promise of growth spurt
ORENINC INDEX - Monday, June 26, 2017
ORENINC INDEX - Monday, June 26, 2017
The company, which has been present in the south-eastern African country for more than a decade, says that by 2021 will be producing 3,000 tonnes of rare earths per year.
Pala Investments Limited, a multi-strategy investment company focused on the mining and metals value chain, is pleased to announce the closing of its investment in Cobalt 27 Capital Corp. in connection with Cobalt 27's public offering of 22,222,225 common shares in the capital of Cobalt 27 on June 23, 2017.
Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.
Today, Chile is the world's top copper producer with 7 of the 14 biggest mines globally. But it wasn't always that way.
Although Chile has always been noted for its abundant mineral wealth, the country was actually not a notable copper producer even at the beginning of the 20th century.
Oreninc Index falls as the GDXJ rebalance finally happens.
The event was opened by Conference Convenor, Alan Taylor, Metallurgical Consultant/Managing Director, ALTA Metallurgical Services.
With a global shortage of cobalt predicted, Global Energy Metals has agreements in place that both secure supply and secure access to end-users.