AMSLF News and Press, Australian Mines Ltd From 10/24/19

Welcome to the October 2019 cobalt miner news. The past month saw cobalt prices slightly lower after recent rises; however, LME inventory fell significantly. The biggest news for the month was the multi-year LG Chem (LGCLF) deal to acquire cathode material from Umicore. LG is said to be supply...

Swiss investment company Pala Investments has increased its acquisition offer for Cobalt 27 Capital (TSXV: KBLT ,OTCQX:CBLLF) by C$30 million. Pala Investments, which already owns 19 percent of the Toronto-based company, is now offering C$4 per share, up from C$3.57. Shareholders will also r...

Welcome to the nickel miners news for September. The past month saw nickel prices rise sharply yet again and LME inventories rise slightly but remain near a ~7-year low. Large supply cuts ahead from Indonesia (2020 ore export ban) and the Philippines have jolted the market higher, with concern...

Welcome to the September 2019 cobalt miner news. The past month saw cobalt prices recover strongly, and a quieter month for news flow. Cobalt price news As of September 18, the cobalt spot price was US$16.56/lb , up significantly from US14.29/lb last month. The LME cobalt price is US$...

Welcome to the August 2019 cobalt miner news. The past month saw cobalt prices rise strongly, and several companies announce they are terminating or cutting back cobalt production due to low prices. This follows on from ERG's decision to cut cobalt output earlier in the year, and many DRC ar...

Welcome to the July 2019 cobalt miner news. The past month saw cobalt prices slightly higher, and a quiet month for cobalt company news. Industry consolidation continues with several deals ongoing. Cobalt price news As of July 19, the cobalt spot price was US$12.93 /lb, up slightly f...

Welcome to the June 2019 cobalt miner news. The past month saw cobalt prices lower, and solid progress from the cobalt miners despite the poor sentiment and cobalt prices. RNC Minerals had a blockbuster month. Cobalt price news As of June 20, the cobalt spot price was US$12.70 /lb, d...

Mining investment company Pala Investments will pay C$501 million to acquire  battery metals royalty and streaming company Cobalt 27 Capital (TSXV: KBLT ,OTCQX:CBLLF). The cobalt-focused company holds approximately 2,904 tonnes of physical cobalt at its warehouses in the US and Europe,...

Welcome to the nickel miners news for May. The past month saw nickel prices flat and LME inventories decline further remaining at 7-year lows. Many of the major nickel producers nickel production volumes are lower. The nickel juniors continue to advance, while Poseidon Nickel hits very high ni...

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....