R/€ = 15.53 Change: 0.02
R/$ = 13.93 Change: -0.06
Au 1416.90 $/oz Change: -10.80
Pt 852.80 $/oz Change: 2.32

Cobalt News

Power Metal concludes field exploration at Cameroon project

By: Tasneem Bulbulia     22nd July 2019 Aim-listed battery metal exploration and development company Power Metal Resources (PMR) has concluded field activities for a pitting, mapping and sampling programme at its 100% owned cobalt/nickel project in Cameroon. PMR in 2018 acquired licence interests in south-eastern Cameroon, including... 

Sienna back drilling at Sweden nickel/copper project

By: Creamer Media Reporter      22nd July 2019 Vancouver-headquartered Sienna Resources will start a new drilling programme at its flagship nickel, copper and cobalt project, in Sweden, next month, to test multiple high-priority drill targets. The 2019 programme at Slättberg followed initial drilling last year, which yielded encouraging... 

Jervois Mining takes over Canada's Ecobalt, shares jump

By: Reuters     22nd July 2019 Australian cobalt developer Jervois Mining will take over eCobalt Solutions after shareholders of the Canadian company voted in favour of the deal, Jervois said on Monday. Jervois will acquire eCobalt in a plan of arrangement that values the deal at C$57.6-million, and will become the owner of... 

Send in the troops – Congo raises the stakes on illegal mining

By: Reuters     17th July 2019 A Congolese army officer arrived in the village of Kafwaya in June and warned residents not to trespass on a major Chinese copper and cobalt mine next door. As night fell about a week later, the soldiers moved in. "They didn't say anything to anyone," said Fabien Ilunga, an official in Kafwaya,... 

Ontario’s First Cobalt refinery moves closer to restarting

By: Mariaan Webb     17th July 2019 The recommissioning of the First Cobalt refinery in Ontario edged forward this week, with the conclusion of a term sheet between TSX-V-listed company and global miner Glencore, detailing the framework for a fully funded, phased restart of the refinery. The term sheet follows on a memorandum of... 

Ontario’s First Cobalt refinery moves closer to restarting

Greater input from Europe, North America will boost African mining

By: Tracy Hancock     12th July 2019 The African mining industry is largely holding its own, despite factors discouraging investor interest, with China delivering the sector’s foremost source of investment for mining projects and infrastructure development, says African Mining Network (AMN) chairperson Yolanda Torrisi. She says the... 

Greater input from Europe, North America will boost African mining
DRIVING DEVELOPMENT Policies that encourage the adoption of technology will help the industry to perform better, especially during mining downturns

Lead, zinc and copper markets all in deficit during first quarter of 2019

By: Nadine James     12th July 2019 Provisional data reported to the International Lead and Zinc Study Group (ILZSG) indicate that global refined lead metal demand exceeded supply by 39 000 t during the first four months of 2019, the organisation stated in a press release last month. Over the same period total reported stock levels... 

Lead, zinc and copper markets all in deficit during first quarter of 2019
RUNNING LOW The global market for refined zinc metal was in deficit by 97 000 t over the first four months of 2019

Mining stocks could rebound with help from Trump and China

By: Bloomberg     9th July 2019 The backdrop for miners is ready to brighten in the second half of this year. They just need a resolution of the trade war between the US and China to light a fire under their stocks. Metal prices and mining equities have been at the mercy of trade headlines all year, and business fundamentals... 

Congo's Jan to May copper output slides 16%, cobalt down 21%

By: Reuters     9th July 2019 Copper production in Democratic Republic of Congo, Africa's top producer, fell by 16.2% year-on-year in the January to May period, while cobalt output slid 21.5%, the central bank said on Tuesday. Copper output for the first five months of 2019 stood at 416 067 t compared with 496 468 t in the... 

Congo’s swing producers turn to copper after cobalt meltdown 

By: Bloomberg     8th July 2019 Production of hand-dug cobalt in the Democratic Republic of Congo is poised to drop sharply after prices tumbled, prompting many of the country’s thousands of artisanal miners to switch focus to copper instead. Congo last year produced about 72% of the world’s cobalt, a key ingredient in the... 

Congolese army fires in the air during protest near Glencore plant 

By: Reuters     8th July 2019 Congolese soldiers fired in the air on Monday as illegal miners protested outside a metallurgical plant on a copper and cobalt concession run by Glencore, a witness said. The protest near the Luilu plant follows the eviction last week of thousands of illegal miners from Glencore's Kamoto Copper... 

The US and Europe are getting more anxious about EV battery shortages

By: Bloomberg     8th July 2019 Automakers to trading houses from North America to Europe are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars, according to the developer of a $1.5-billion project in Australia. More than a dozen... 

The US and Europe are getting more anxious about EV battery shortages
Clean TeQ is developing the Sunrise project, in Australia.

By the numbers: Congo’s deadly struggle with illegal mining

By: Bloomberg     3rd July 2019 A deadly landslide and troop deployments at two giant mines in the Democratic Republic of Congo highlight how authorities are struggling to cope with citizens’ efforts to share in the country’s immense mineral wealth. The events at Glencore and China Molybdenum’s operations are the latest... 

Illegal miners at Glencore concession in Congo defy eviction 

By: Reuters     2nd July 2019 Illegal miners at a copper and cobalt mine run by Glencore in southeastern Congo defied a deadline on Tuesday to vacate the site, a union official said, raising fears of a potentially violent standoff. A landslide last Thursday at the Kamoto Copper Company (KCC) concession, majority-owned by a... 

Illegal miners at Glencore concession in Congo defy eviction

Jervois hits back at First Cobalt critcism

By: Esmarie Iannucci     2nd July 2019 Dual-listed Jervois Mining has struck out at TSX-V-listed First Cobalt for urging fellow shareholders in takeover target eCobalt to vote against a proposed merger. Jervois in April struck a friendly merger agreement with TSX-listed eCobalt, offering 1.65 common shares in Jervois for every eCobalt... 

DRC says it will remove illegal miners from Glencore site

By: Bloomberg     30th June 2019 Illegal miners will be removed from the site of a Glencore project in the Democratic Republic of Congo where at least 43 died this week, Interior Minister Basile Olongo told reporters from the mine on Saturday. “From tomorrow, if you come back here, you won’t see any more thieves”, he said from... 

Jervois raises A$16.5m

By: Esmarie Iannucci     28th June 2019 ASX-listed Jervois Mining has raised A$16.5-million through an over-subscribed share placement. The company earlier this week launched the equity raise targeting proceeds of A$15-million, offering shares at an 8% premium to the underlying market price of the company’s shares. 

Red Rock progresses exploration in Zambia, DRC

By: Marleny Arnoldi     27th June 2019 Central- and Eastern Africa-focused miner Red Rock Resources has started work on identifying and assessing old drill cores from previous exploration activity at the Musonoi joint venture asset adjacent to Glencore’s Katanga mining assets, in the Democratic Republic of Congo (DRC). The company... 

‘Platinum Valley’ SEZ in three months – Patel 

By: Martin Creamer     26th June 2019 The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday evening. Fuel cell development is listed as the... 

‘Platinum Valley’ SEZ in three months – Patel
Photo by Creamer Media's Dylan Slater
Trade and Industry Minister Ebrahim Patel

Glencore cuts out agents and dealmakers as scrutiny grows 

By: Bloomberg     25th June 2019 Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its global network of trading... 

Jervois gains entry into Uganda with M2 Cobalt buyout

By: Tasneem Bulbulia     19th June 2019 ASX-listed Jervois Mining has completed a plan of arrangement to acquire TSX-listed M2 Cobalt. The acquisition provides Jervois entry into Uganda to complement its East African ambitions, particularly regarding opportunities around the historic Kilembe mine and the Kasese cobalt refinery. 

Morocco’s Managem increases stake in Guinea’s Tri-K gold project to 85%

By: Reuters     19th June 2019 Morocco’s leading mining firm Managem said on Tuesday it increased its stake in the Tri-K gold project in eastern Guinea Conakry to 85% after acquiring a 30% stake held by its partner Avocet Mining for $21-million. The acquisition is in line with the group’s strategy to boost its gold production... 

Congo deploys army to protect China Moly's copper mine from illegal miners

By: Reuters     19th June 2019 Congo's military has deployed hundreds of soldiers to protect a major copper and cobalt mine owned by China Molybdenum from illegal miners, an army spokesperson said on Wednesday. The Tenke Fungurume mine is one of the largest in Democratic Republic of Congo, which is Africa's leading copper... 

Pala buys Cobalt 27 for C$501m, creates Nickel 28

By: Mariaan Webb     18th June 2019 Battery metals streaming company Cobalt 27 Capital has agreed to be bought by private equity firm Pala Investments in a deal that values the TSX-V-listed company at C$501-million. Under the terms of the transaction, announced on Tuesday, Cobalt 27 shareholders would receive C$5.75 a common... 

Pala buys Cobalt 27 for C$501m, creates Nickel 28
Nickel 28 will hold Cobalt 27's joint venture interest in the Ramu nickel/cobalt mine, in Papua New Guinea.

Don't be in a rush to do business in world's top cobalt producer 

By: Bloomberg     18th June 2019 When a foreign investor with multimillion-dollar projects across Africa was told the president of the Democratic Republic of Congo wanted to see him, he booked a suite at one of the country’s top hotels. After six days of waiting, he left. Since Felix Tshisekedi took the helm of the world’s... 

Don't be in a rush to do business in world's top cobalt producer
Democratic Republic of Congo President Felix Tshisekedi

Platinum mine truck being converted to run on hydrogen 

By: Martin Creamer     13th June 2019 Early research and development work has begun to pave the way for the introduction of hydrogen fuel cell electric trucking at a local platinum mine, Mining Weekly Online can today report. A truck is currently being converted to run on hydrogen, which will initially be brought to the mine in tankers. 

Platinum mine truck being converted to run on hydrogen
Inner workings of platinum-catalysed hydrogen fuel cell

Commentators differ on impacts of DRC’s revised Mining Code 

By: Simone Liedtke     12th June 2019 Ivanhoe Mines Democratic Republic of Congo operations MD Louis Watum says the country’s new Mining Code has created uncertainty regarding the regulatory framework within the country, which has negatively impacted on funding in the DRC’s mining industry. The revised Mining Code seeks to benefit... 

Australian Mines plans SPP for Sconi

By: Esmarie Iannucci     12th June 2019 Junior Australian Mines is hoping to raise A$5-million through a share purchase plan (SPP) to advance its Sconi cobalt/nickel/scandium project, in Queensland. Under the SPP eligible shareholders would be able to subscribe for up to A$15 000 of additional shares in the company, with the new... 

South Africa should go all out with platinum and manganese to be in best of two decarbonising worlds 

By: Martin Creamer     10th June 2019 South Africa, which has a wonderful platinum group metals (PGMs) endowment and an abundance of high-quality manganese ore, should go all out to be in the best of two new carbon-reducing technology worlds. On the one hand, it should do all it can to be in the world of hydrogen with the help of... 

South Africa should go all out with platinum and manganese to be in best of two decarbonising worlds
Photo by Toyota/Anglo American
A fuel cell electric vehicle requires platinum

Manganese poised to make its mark as EV metal  

By: Martin Creamer     5th June 2019 Manganese could make its mark in the battery electric vehicle (EV) arena by displacing cobalt to a large extent in many of the cathode formulations, where the bulk of battery metals are used. The Junior Indaba heard on Wednesday that manganese, which South Africa hosts in abundance, is in a race... 

Manganese poised to make its mark as EV metal
Junior Indaba strategic metals discussion covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer

Junior mining badly in need of kickstart – Swanepoel   

By: Martin Creamer     4th June 2019 Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday. Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the... 

Junior mining badly in need of kickstart – Swanepoel
Junior Indaba opening addresses covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer. Photographs: Creamer Media’s Dylan Slater.

Australia's Clean Teq to offload half of battery metals project

By: Reuters     4th June 2019 Australian mine developer Clean Teq said on Tuesday it was looking to sell a stake in its nickel, cobalt and scandium project in central New South Wales, as it seeks a cornerstone partner to help fund development. The company has tasked Macquarie Capital to run a process to find a partner to buy... 

Independent power producer association hails Mantashe's appointment

By: Martin Creamer     31st May 2019 The appointment of Gwede Mantashe as the Minister of Mineral Resources and Energy has been welcomed by the South African Independent Power Producer Association (SAIPPA), which described as “massive” the challenges he, Deputy Mineral Resources and Energy Minister Bavelile Hlongwa and the rest of... 

RNC puts forward plan for $1bn Quebec nickel/cobalt project

By: Mariaan Webb     31st May 2019 Mining company RNC and its joint venture partner Waterton are ready to accelerate discussions with potential participants to advance the Dumont nickel/cobalt project – tipped to be one of Canada’s largest base metals mines – to construction, CEO Mark Selby reported on Thursday. This comes as RNC... 

RNC puts forward plan for $1bn Quebec nickel/cobalt project

Collective SA effort needed to spotlight platinum’s deftness in climate change battle  

By: Martin Creamer     28th May 2019 More vehicle manufacturers are acknowledging that platinum-catalysed hydrogen fuel cells are the sole route to 100% carbon-free driving. But platinum’s own catalytic prowess is in danger of being under-acknowledged. 

Collective SA effort needed to spotlight platinum’s deftness in climate change battle
Photo by Reuters
Inner workings of platinum-using electric vehicle

Study doubles production potential of Canada cobalt refinery

By: Creamer Media Reporter      28th May 2019 The refinery that TSX-V- and ASX-listed First Cobalt is aiming to reopen in Canada could produce more than 5 000 t/y of cobalt contained in sulphate, a debottlenecking study by Ausenco Engineering has found. The study, which eliminates the refinery’s autoclave circuit and addresses production... 

Freeport-McMoran sells Finland cobalt refinery

By: Creamer Media Reporter      24th May 2019 Phoenix, Arizona-headquartered Freeport-McMoran (FCX) has announced an agreement to sell its Kokkola cobalt refinery and related cobalt cathode precursor business to Begium’s Umicore for about $150-million, plus working capital at the time of close. Toronto-listed Lundin Mining is a joint... 

Glencore and First Cobalt team up to restart refinery

By: Esmarie Iannucci     22nd May 2019 Diversified miner Glencore has thrown its support behind the restart of dual-listed First Cobalt’s refinery in Ontario. The two companies have signed a memorandum of understanding (MoU) to supply cobalt feedstock and financing to recommission the First Cobalt refinery, with First Cobalt and... 

2 3 4 5 6 7 8 9 Next Last

Latest News


Latest Videos


Press Office


Topics In These Articles

RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now