Sherritt International Corporation Announces Q1 Net Earnings of 23.1 Million
Cobalt – Sherritt International Corporation (TSX:S) announced their Q1 earnings, including net earnings of $23.1 million.
Articles Tagged "Cobalt"
Lundin Mining Corporation Sells 2,555 tonnes of Cobalt in Q1
Cobalt – Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced their first quarter results and highlights, including the closure of the of the acquisition of the Kokkola cobalt refinery. As quoted in the press release:
Cobalt Producers Urge DRC to Lift Ban, Cite Country’s Inadequate Electricity Supply
Cobalt – Bloomberg reported that cobalt producers are urging the DRC government to lift a ban on cobalt exports. According the cobalt producers, there is not the proper infrastructure in place, including electricity to support this initiative
Machkevich, Other Controlling Shareholders, Kazakh Government Considering Bid for Eurasian Natural Resources
Cobalt – Bloomberg reported that Eurasian Natural Resources Corp's Machkevich may be interested in joining forces with two other shareholders and the Kazakh government to make a bid for the company.
DRC Halts Cobalt Exports
Cobalt – Bloomberg reported that the government of the DRC has banned cobalt exports in an effort to force mining companies to add value to their shipments.
$88 Million in Mining Taxes Unaccounted for in DRC: Watchdog Group
Cobalt – Reuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.
BioteQ Environmental Technologies Provided Operational Updates for Q1 2013
Cobalt – BioteQ Environmental Technologies Inc. (TSX:BQE) provided updates on plant operations for the first quarter of 2013
Landore Resources Returns 5 Metres at 0.08% Co at the Scorpion Zone Project
Cobalt – Landore Resources Limited (AIM: LND) announced drilling updates from its Scorpion Zone Nickel-Copper-Cobalt-PGEs project on the Junior Lake Property.
Guatemala Issues New Mining Licenses
Cobalt – Bloomberg reported that Guatemala has granted permission for two new mining liscences.
OM Group Divests Cobalt Business for $325 Million
Cobalt – OM Group (NYSE:OMG) announced that they have divested their cobalt business to a joint venture between Freeport-McMoRan Copper & Gold Inc., Lundin Mining Corporation and La Generale des Carrieres et des Mines (Gecamines) for $325 million.
