Cobalt News
Page 1

Date: Search:
FREE: Subscribe to Cobalt News daily or weekly newsletters – receive Cobalt News alerts by e-mail
Sponsored Links ► 

Exotic Metals ►  Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium
5 Apr 2010 Cobalt  ►  LME issues first cobalt warrants
Warrants for 5 tonnes of cobalt were issued late last week in Rotterdam, marking the first material to be placed on warrant since the launch of new minor metals futures contracts by the London Metal... more 
26 Mar 2010   Copper miners Quadra and FNX to merge in a $1.5b deal
In another consolidation move in the Canadian mining industry, copper miner Quadra Mining Limited (Quadra) has agreed to a friendly merger with rival FNX Mining Company Inc (FNX) through a stock swap... more 
  Execs say limiting metals trade bad for the U.S.
Financial industry executives are warning regulators that restricting the volume of speculative trading in metals futures would drive U.S. business overseas... more 
23 Mar 2010   New LME cobalt and molybdenum contracts excel in first month
More than $36million of cobalt and molybdenum has been traded in the first month since new futures were launched for these minor metals by the London Metal Exchange (LME) on 22nd February, 2010... more 
17 Mar 2010   January copper output declines in Zambia; cobalt output up
Zambia's copper production declined to 54,518 tonnes in January this year from 62,621 tonnes in the same month last year, the central bank said on Tuesday... more 
  Shandong Jinling profits down 43.53% in 2009 on prices drop
Shenzhen-listed Shandong Jinling Mining Co Ltd said that its net profit was RMB 217 million in 2009, 43.53% less than a year earlier, with earnings per share falling to RMB 0.38... more 
  Cobalt prices up in China
  Formation Metals withdraws current prospectus
Formation Metals Inc. has decided not to proceed with the equity offering announced February 24, 2010... more 
16 Mar 2010   Metallica Minerals begins drilling at its new nickel-cobalt-scandium project
Metallica Minerals Limited announced that the Company's maiden nickel-cobalt drilling program has commenced on the recently acquired Greenvale Mine Site located in the southern portion of Metallica's... more 
11 Mar 2010   OM Group in a $250m revolving credit facility
OM Group, Inc. today announced it has entered into a new $250 million secured revolving credit facility with a syndicate of lenders, led by PNC Bank, N.A. The new facility replaces the previous $100... more 
9 Mar 2010   Freeport-McMoRan nearing Congo copper-cobalt mine agreement
Freeport-McMoRan Copper & Gold Inc. is nearing an agreement with the Congo government for the company to expand its copper-cobalt mine in the country... more 
5 Mar 2010   Hard Creek Nickel Corp positive on nickel project
Hard Creek Nickel Corporation today announced that it has completed an updated positive Preliminary Assessment Study (PA) of the Company's 100% owned Turnagain Nickel Project, located near Dease Lake... more 
  Forte Energy sells copper-cobalt project; uranium projects updates
- A$2M received on 22 February 2010 from settlement of the sale of Forte Energy's interest in the Maroochydore JV Copper/Cobalt project in Western Australia... more 
4 Mar 2010   African Metals to begin exploration works at its copper-cobalt project
Nigel Ferguson, the President of African Metals Corporation would like to announce that AFR has engaged the services of Basanga Consulting sprl ("Basanga") to commence a program of exploration works... more 
  Cobalt surplus to continue growing as supply outpaces demand
A "medium-term surplus looks likely" for cobalt, according to Macquarie Commodities Research, which says that 10% increase in supply will outpace 9% growth in demand. This won't be enough of a glut... more 
  Azimut finds copper and gold at its REX Property in Nunavik, Quebec
Azimut Exploration Inc. ("Azimut") announces that further examination of the existing regional-scale geoscientific database covering the REX property area has led to the recognition of a large Iron... more 
3 Mar 2010   Panoramic Resources extends nickel-copper-cobalt mine life beyond 2018
Panoramic Resources Limited (ASX:PAN) has announced a maiden Savannah Project Lower Zone Reserve of 43,200t Nickel, 23,500t Copper and 2,160t Cobalt... more 
  Metorex to reduce debt at copper-cobalt project in Congo
Diversified metals producer Metorex said yesterday that it expected to have substantially reduced its R2,1bn debt by next month when its capital-raising programme comes to an end... more 
  Eka Software gives support to LME cobalt and molybdenum contracts
Eka Software Solutions, the leading provider of Commodity Trading and Risk Management (CTRM) software, announced support for the new Cobalt and Molybdenum contracts which commenced trading today on... more 
25 Feb 2010   Formation Metals starts construction at its cobalt project
Formation Metals Inc. announces that its 100% owned subsidiary, Formation Capital Corporation, U.S. (the "Company"), has commenced Stage I of construction for its 100% owned Idaho Cobalt Project (the... more