AMSLF News and Press, Australian Mines Ltd From 05/26/19

Welcome to the May 2019 cobalt miner news. The past month saw cobalt prices flatline, and steady progress from the cobalt miners. Cobalt price news As of May 21, the cobalt spot price was US$15.76 /lb, down slightly from US16.10/lb last month. The LME cobalt price is US$34,000 /tonne....

Australian Mines ( OTCQB:AMSLF ) says that despite volatile prices, the company seeks to lock in funds for a planned A$1.3B ($935M) battery materials plant by end-June. More news on: Australian Mines Limited, Commodities news, Read more ...

A fresh resource estimate for Australian Mines’ (ASX: AUZ ,OTCQB:AMSLF) Bell Creek nickel- cobalt project has boosted the company’s total resource in Queensland to over 115 million tonnes. On Monday (April 29), the company announced that the numbers for Bell Creek have come ba...

Welcome to the April 2019 cobalt miner news. The past month saw cobalt prices recover and move about 10% higher. Despite this the cobalt miners remain subdued due to the generally weak cobalt pricing environment. Cobalt price news As of April 18, the cobalt spot price was US$ 16.10 , ...

This article first appeared on Trend Investing on Feb. 14, 2019; therefore all data is as of that date. Two of the biggest trends for the next decade will the rise of electric vehicles (EVs) and energy storage ((ES)). Currently EVs are growing at ~70%pa, and ES at ~100%pa. For investor...

Welcome to the March 2019 cobalt miner news. The past month saw cobalt prices slightly lower with some signs of stabilizing as supply cuts from DRC and Namibia start to kick in. Strong electric car sales and NMC cathode growth in China are boosting demand. Meanwhile, low cobalt prices are caus...

Jervois Mining (ASX: JRV ) has said it anticipates locking down a joint-venture (JV) partner for its Nico Young nickel-cobalt project in New South Wales by the end of the year. In a conversation with Reuters , Jervois Chief Executive Bryce Crocker said the company is in discussions...

Welcome to the February 2019 cobalt miner news. The past month saw cobalt prices fall again. Reports have now surfaced saying that cobalt oversupply has occurred as a result of unexpected excess new DRC supply coming online in 2018. Cobalt price news As of February 21, the cobalt spot...

This article first appeared on Trend Investing on Dec. 18, 2018; therefore all data is as of that date. Cobalt miners have had a rough 2018 due to trade wars and a rush of new DRC cobalt supply. The DRC also has dealt DRC cobalt miners a heavy blow with their new onerous royalties (10%)...

Welcome to the January 2019 cobalt miner news. For some background on the cobalt miners, please check out my earlier articles: May 2016 - " Cobalt Miners Set To Boom " December 2016 - " A Look At The Junior Cobalt Miners " December 2016 - " Top 5 Cobalt Miners To Consider " March 201...