The International Monetary Fund said the Democratic Republic of Congo's proposed $10.2 billion budget is "unrealistic," amid slowing output
The mining and commodities trader giant is lending First Cobalt an initial $5 million to restart the company's refinery in Ontario, which would
TORONTO, Dec. 4, 2019 /CNW/ - First Cobalt Corp. (TSX-V:FCC, OTCQX:FTSSF) (the "Company") today provided an update on its feasibility study to
The company produced 42,200 tonnes of cobalt in 2018, mainly as a byproduct of copper mining in the Democratic Republic of Congo and
Canada Cobalt and PolyMet have executed an amendment dated December 3, 2019, to their original binding Letter of Intent (the "Transaction",
The change had been flagged earlier this year, with cobalt royalties
BMW has signed up to a pilot project to improve conditions for cobalt miners, their families and neighbouring communities in the Democratic
Reports on cobalt mining in the DRC illustrate unethical practices taking place. A growing number of unmonitored "artisanal" mines crawl with
2, 2019 /CNW/ - Jervois Mining Limited (the "Company" or "Jervois")
Inventus has now signed a letter of intent with Flag to take over Wolf Lake and Cobalt Hill, a pair of adjoining properties that comprise "a
German carmaker BMW is exploring ways to improve working conditions for mining cobalt in Congo through a pilot project also supported by
"Expansion of First Cobalt's property into this highly prospective area increases the opportunity for regional exploration work in keeping with the Company's intention to identify bulk cobalt mining opportunities. Cobalt Central was historically underexplored yet the Caswell mine to the east of these claims
Robert Friedland calls it the "revenge of the miners". As demand increases for battery materials, producers will find themselves in the driving seat as carmakers scramble to roll out their electric vehicle fleets, according to the billionaire investor. "Opening soon at a theatre near you - it's the revenge of the
For instance, the Guardian reported earlier this year that cobalt and copper mines in the Democratic Republic of Congo - a primary site for
Apple, Google, Tesla, Microsoft and Dell are being accused of aiding and abetting the use of child labour in cobalt mines in the Democratic
The element is key in making lithium-ion batteries. "This is the first time that tech companies have been on the hook for this," says Roger Cheng
International Rights Advocates (IRA) on 15th of Dec 2019, filed a lawsuit against companies following the death of children in cobalt mines in
It claims the companies are "aiding and abetting the cruel and brutal use of young children" in cobalt mines in the Democratic Republic of
Congolese children work in cobalt mines under dangerous conditions for low pay. The 14 children listed in the class-action suit all were
FILE PHOTO: A view of processing facilities at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south, owned by miner Freeport McMoRan, Lundin Mining and state mining company Gecamines, January 29, 2013. REUTERS/Jonny