Chasm between copper, cobalt and nickel exploration success and future demand
MiningIntelligence studied the 65 global properties with exposure to copper, cobalt and nickel globally that had feasibility studies completed in the last five years.
Canada’s National Contact Point (NCP) said complains from an Alaskan group don't merit further examination, closing the file after only the initial assessment level of review.
The two firms are just the latest names in a long list of companies that includes major players such as Rio Tinto, interested in grabbing a stake in Chile’s Chemical and Mining Society (SQM).
In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results "were extremely encouraging."
The company's new strategy includes a pre-feasibility study that envisions a high-grade underground mine and puts on hold development plans for the project’s larger open-pit deposit.
With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.