BLOOMBERG via MINING WEEKLY | 1 Dec 2017 “Surging demand for metals like copper, nickel and cobalt for use in electric vehicles promises to overturn the balance of power between mining companies and their customers, according to billionaire investor Robert Friedland. Automakers will have to change the way they approach procurement if they want to […]
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HENRY LAZENBY on MINING WEEKLY | 1 December 2017 “The rate at which global automotive markets are adopting electric vehicles (EVs) is accelerating at a much faster pace than even some of the keenest market observers estimated at the start of 2017, and is opening up once-in-a-lifetime investment opportunities among the four key ‘energy metals’ […]
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HENRY LAZENBY on MINING WEEKLY | 1 December 2017 “Cobalt supply constraints, coupled with a never-before-seen boom in the adoption rate of electric vehicles (EV) across the globe, have conspired to create an ideal market in which a pure-play cobalt investment and participation vehicle’s profits can outpace its peers. Cobalt, a critical ‘energy metal’ used […]
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INTERNATIONAL SEABED AUTHORITY | 27 November 2017 JAMAICA, Kingston – – The International Seabed Authority and l’Institut Français de Recherche pour l’Exploitation de la Mer (IFREMER) have signed an Agreement on the extension of the exploration contract for polymetallic nodules in the Clarion Clipperton Zone. IFREMER entered into a 15-year contract for exploration for polymetallic […]
Read More BLOOMBERG on MINING WEEKLY | 23 November 2017 “Volkswagen AG is stepping up its hunt for long-term supplies of battery metals it will need to help power electric cars across its entire range. The top automaker invited producers and traders of cobalt, one of this year’s best-performing metals, for talks at its German headquarters this […]
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RANDY SHOWSTACK on EOS | 22 November 2017 “The world is “on the threshold of a new industry,” the head of an international body that governs deep-seabed mining said last week. At a 14 November forum in Washington, D. C., Michael Lodge, secretary-general of the International Seabed Authority (ISA), laid out environmental and other challenges […]
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ANINE KILLIAN on MINING WEEKLY | 21 November 2017 “Junior cobalt miner Cobalt One’s shareholders have approved a merger with Toronto-based First Cobalt, which means that the companies are one step closer to creating the largest pure-play cobalt company in the world. The combined company also owns the only permitted cobalt refinery in North America […]
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SUBSEA WORLD NEWS | 20 November 2017 “The vessel will follow the MT6022 SS Nujoma delivered in 2016 to Debmarine Namibia. The new seabed mining vessel, with a length of 177 meters and a breadth of 27 meters, will be the largest ship ever designed by Marin Teknikk, the company said. The equipment to be […]
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VALENTINA RUIZ LEOTAUD on MINING.COM | 20 November 2017 “Vancouver-based Diamond Fields International (TSXV:DFI) announced that it is set to resume its mining activities off the coast of Namibia in 2018. In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results officials say “were extremely encouraging, […]
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BLOOMBERG via MINING WEEKLY | 19 November 2017 “Tesla’s plans to roll out an all-electric big rig have given a fresh jolt to the outlook for battery metals that will go into powering the truck founder Elon Musk is calling “The Beast.” Banks including Goldman Sachs Group, UBS Group and Bank of America are already […]
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