Glencore to supply cobalt feedstock to restart First Cobalt refinery in Canada
Glencore said it will also evaluate providing a loan to fund the capital needs to restart the refinery, as the two companies look to speed up the restart.
After steady gains throughout the morning Cameco Corp. was trading up 6% by lunchtime on Friday, after reports yesterday that its Kazakh join venture is planning to up output by a third. Gains for the year now top 20%.
More than 2,000 international experts will meet in Montreal, Canada, next week to discuss the latest research about how climate change is altering the Arctic faster than the inhabitants, and the governments that regulate the phenomenon, can keep up with.
Brazilian mining giant Vale has taken the concept of mining diversification to a new level by announcing that it will start raising fish by its Sudbury, Canada, location.
The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."
The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.