US open to DRC minerals deal: reports
The United States is open to talks with Democratic Republic of Congo (DRC) over a deal that would give it access to the African nation’s critical minerals in exchange for…
cobalt
Video: China fuels EV battery boom as per-unit capacity nears peak, Adamas says
Electric vehicle battery capacity could hit a record one terawatt-hour this year, according to Frik Els, a battery metals expert at Adamas Intelligence. Analysts expect China to use 60% of…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
Q&A: The Metals Co. plunges into the deep
You may have heard of the Clarion-Clipperton Zone in the Pacific Ocean. It’s a stretch of area from Hawaii to Mexico, which has been targeted by the deep-sea mining sector….
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the battery metal’s price from historical…
Congo warns US, Europe not to buy ‘looted’ minerals from Rwanda
President Felix Tshisekedi urged direct trade and didn’t rule out a minerals deal if tied to ending the nation’s conflict.
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
Glencore weighs ditching London as primary listing
Glencore (LSE: GLEN) is considering shifting its primary listing from London, likely to New York, or another venue where it can “get the right valuation” in a potential blow to…
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…
Giustra among backers investing $57M in explorer
Several investors led by mining entrepreneur Frank Giustra and his Fiore Group are putting $36 million into Botswana-focused Premium Resources (TSXV: PREM; US-OTC: PRMLF) while another is retiring the nickel-copper-cobalt…
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
Middlemen and local militias steal billions from the Democratic Republic of Congo’s (DRC) cobalt and coltan trade, fuelling conflict and leaving the nation poor, according to a political analyst. The…