Cobalt Mining News

Shares of Greenland explorer on a wild ride after drill results

Punters not sure what to make of North American Nickel's latest find in Greenland kick it 17% higher only to let it fall deep into the red.

Position filled: New CEO for London Metal Exchange

Martin Pratt may replace Martin Abbott.

Greenpeace takes on deep sea mining

The International Seabed Authority Council has approved 17 seabed exploration contracts that lie beyond national jurisdiction in the Pacific, Atlantic and Indian oceans.

Congo refutes NGO accusations against Chinese miners

Report singled them out as the main cause of human rights abuses in the country, particularly in Katanga, Congo's copper belt province.

INFOGRAPHIC: Is deep sea mining worth the risk?

The pros and cons of extraction from the seabed.

Global cobalt

Most of the world’s cobalt is mined in Africa and the majority of Africa’s cobalt comes from the Democratic Republic of Congo.

DR Congo reaffirms export ban on copper and cobalt

Customers and mining companies are skeptical about the implementation.

Congo and cobalt critical

Only four metals, or element groups, made the list for the American Physical Society, Materials Research Society and the US Department of Energy's uncatalogued for 'critical metals': Rare Earth elements, platinum group metals, lithium and cobalt.

Ancient plant dye used to make eco-friendly biomass batteries

Ancient plant dye acts as outstanding organic electrode

IMF halts DRC loans due to lack of mining transparency

An IMF representative said Monday the fund has halted $240 million in planned loans to the DRC for failing to publish mining contracts as requested.

Foreign mining firms face up to 50% wage hikes in Zambia

Pay and working conditions have become a thorny issue in Zambia particularly when it comes to the many Chinese-run mines in the country.

New report: DRC's Kabila could be toppled within weeks

DRC president Kabila will likely be violently removed from office should protests in major cities escalate and last longer than one week, according to a report from Exclusive Analysis, a UK-based political risk consultancy.

Khalkos Exploration Inc.: Acquisition of McNickel nickel-copper-cobalt deposit in Lac St-Jean, Quebec

In order to acquire 100% of the property, Khalkos must issue 2,600,000 shares to the seller over a period of six years, with 100,000 shares at the signing of the agreement.

Australian miners find new ways of getting buzzed

Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from China.

Baja Mining granted further standstill extension by lenders

Vancouver-based Baja Mining Corp. (TSX: BAJ) announced this morning that it has landed two extensions of a standstill agreement with lenders to its Minera y Metalúrgica del Boleo S.A. de C.V. subsidiary.

Baja Mining Announces Additional Funding for Boleo Project by Korean Consortium

Baja Mining announces that the Korean consortium has advanced an additional US$84 million to Minera y Metalúrgica del Boleo S.A. de C.V. for the construction of the Boleo Project.

Baja Mining Announces Further Funding for Boleo Project

The company announced that a Korean Consortium has advanced additional US$13.3 million to Minera y Metalúrgica del Boleo S.A. de C.V. for the construction of the Boleo Project.

Marifil resumes operatorship of Las Aguilas

John Hite, President of Marifil, comments: "While we are disappointed that Prophecy Platinum has elected not to move forward with Las Aguilas, we remain excited about the property and the opportunity to form a new partnership."

China uncovers large nickel reserve

Officials expect reserves to grow

Ancient Buddhist statue found in Tibet carved from meteorite

A Buddha statue looted by Nazis in Tibet in the 1930s was carved from the Chinga meteorite, which crashed to the Earth 15,000 years ago, revealed Elmar Buchner of the Planetology Institute at Stuttgart University.

Xstrata gets an extra week to decide on Glencore merger

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.

Nautilus Minerals plumbs new depths, comes up smelling of roses

Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.

Nautilus Minerals Defines 410 million tonne inferred mineral resource

Nautilus Minerals defines 410 million tonne inferred mineral resource at Clarion-Clipperton Fracture Zone

Baja Mining's partners indecisive on further funding for Mexico project

Canadian Baja Mining (TSX:BAJ) shareholders continue to be anxious about the future of the company’s flagship Boleo project in Mexico, as its South Korean partners were unable to decide on the second stage of financing for the copper-cobalt-zinc mine development, the miner said Tuesday.