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COBALT: Anglo Pacific buys $205m Voisey’s Bay cobalt stream

  • Date: 24-02-21
  • Category: COBALT
  • Source: Mining Weekly

Royalty and streaming company Anglo Pacific on Wednesday announced the $205-million acquisition of a holding company that owns a 70% net interest in a stream on cobalt production from the Voisey's Bay mine, in Canada, progressing its ambition to focus on commodities that support a more sustainable world.

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COBALT: Sherritt meets 2020 guidance, but shares fall

  • Date: 26-01-21
  • Category: COBALT
  • Source: Mining.com

Sherritt International (TSX: S) on Monday reported its production results for full-year 2020, and also provided guidance for expected production, unit costs and capital spending in 2021.

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COBALT: Democratic Republic of Congo says China has granted pandemic-linked debt relief

  • Date: 07-01-21
  • Category: COBALT
  • Source: Reuters

KINSHASA, Jan 6 (Reuters) - China has granted some debt relief to Democratic Republic of Congo to help it overcome economic fallout from the coronavirus pandemic, the Congolese foreign ministry said on Wednesday.

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COBALT: R&B star Akon enters Congo mining sector in JV with state company

  • Date: 06-01-21
  • Category: COBALT
  • Source: Mining.com

A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with a state miner, according to a contract published by the mines ministry.

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COBALT: Congo imposes travel ban on mining traceability director

  • Date: 17-12-20
  • Category: COBALT
  • Source: Reuters

The Congolese government has banned the head of the state mineral certification body from leaving the country as a fraud investigation is underway, the mines minister said on Thursday.

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COBALT: Trafigura's Congo artisanal cobalt project to end, replaced by industrial mining

  • Date: 17-12-20
  • Category: COBALT
  • Source: Reuters

Trafigura is ending an artisanal cobalt formalisation project in Democratic Republic of Congo, which it has run alongside miner Chemaf and NGO PACT for nearly two years, the commodities trader said on Thursday.

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COBALT: China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550m

  • Date: 14-12-20
  • Category: COBALT
  • Source: Mining.com

China Molybdenum Co said on Sunday it had acquired a 95% stake in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) from U.S.-based Freeport-McMoRan Inc for $550 million.

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COBALT: A large trader has taken over Vale's stake in the Goro nickel-cobalt mine, MHP production to continue in 2021

  • Date: 07-12-20
  • Category: COBALT
  • Source: News Metal

Vale's chief financial officer, Luciano siani Pires, said a few months ago that its Goro nickel-cobalt mine in New Caledonia could begin to suspend in 2021 as the company failed to reach a sale agreement with New Century Resources Limited (NCZ) on VNC (Novele Caledonie SAS).

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