Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect.
Game-changing disruptive technologies or sustainable end-user agreements are what companies need to succeed and he shares some likely names in the cobalt, lithium, nickel, graphite—even uranium—spaces in this interview with The Mining Report.
Sherritt International (TSX:S), the natural resources company with extensive operations in Cuba, saw a whopping 42.9 percent gain between last Monday and Friday, resulting from an announced thaw in US-Cuba relations.
Vancouver-based junior jumps 7% after assays from prospect on 3,600km2 coastal property returns strong copper-nickel-cobalt and platinum group results.
A group of 11 chief executives of firms operating in West Africa have called for more international support to combat the deadly virus.
The vehicles, en route to South Africa, have been stranded in neighbouring Zambia since Monday.
The European Investment Bank will not make public the findings of a 2-year tax-avoidance investigation into the Swiss giant's Zambian copper operation.
Plant means jobs for 6,500 people.
Two vehicle models to be built on same assembly line.
Available in 2017 for $35,000.
Superchargers replenish half a charge in as little as 20 minutes.
Tesla has dubbed its $5-billion pet project, the "Gigafactory," and it could be up and running by 2017, prompting the need for battery-grade materials like graphite, lithium and cobalt.
CEO Elon Musk, credited with much of Tesla`s success, did not actually start the company.
The electric motor company's plans to double the globe's battery output will up graphite demand 152%, but sourcing cobalt outside the Congo could prove difficult.
The company is currently waiting for its Land Use Permit and Class A Water License from the Wek'èezhìi Land and Water Board of the Northwest Territories.
By 2020, cobalt used in rechargeable batteries for everything from cellphones to cars could be greater than today's total global refined market.
Car maker Tesla prefers suppliers in North America for its $5 billion lithium-ion battery "gigafactory" in the southwest US which could provide a boost for Fortune Minerals proposed refinery near Saskatoon .
Cobalt is considered a ‘technology enabling’ substance as its at the forefront of technological developments and innovation.
If all goes as planned, junior miner Fortune Minerals will operate three projects in Canada in the foreseeable future.
With 2013 behind us, the cobalt market will reflect on a year that saw minimal price movement despite a number of significant developments.
The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.
Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.
The Mai Mai Kata Katanga separatist militia attacked the city of Lubumbashi, in the copper-rich southeast province of Katanga.
Analysts said Baja is done.
If you are reading this on a tabloid or a smartphone, then you are likely holding bits of so-called “conflict minerals,” mostly used in the manufacturing of mobile phones, tablets and laptops.
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