FTMDF News and Press, Fortune Minerals Ltd From 05/07/20

Technical improvements are continuing through Covid-19 social distancing restrictions Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ Company ”) ( www.fortuneminerals.com ) is providing an update of current work to advance the NICO...

Welcome to the April 2020 cobalt miner news. The past month saw cobalt prices unchanged and lots of news related to COVID-19 causing weaker demand and supply, and some miners cutting projects and costs. We also had the big news of Glencore taking Katanga Mining private. Cobalt price news ...

This article first appeared on Trend Investing on March 17, 2020; therefore, all data is as of that date. With US markets down 30% from their recent highs and panicked investors hitting the sell button, this has taken the EV metal miners from being oversold to now the cheapest they have ev...

Welcome to the March 2020 cobalt miner news. The past month saw cobalt prices fall and a subdued month of news as the world comes to terms with the coronavirus. Cobalt price news As of March 19, the cobalt spot price was US$13.38/lb , down from US15.20/lb last month. The LME cobalt pri...

Welcome to the February 2020 cobalt miner news. The past month saw cobalt prices rise slightly and a busy month for market and company news. Cobalt price news As of February 20, the cobalt spot price was US$15.20/lb , up from US14.52/lb last month. The LME cobalt price is US$33,000/to...

Welcome to the January 2020 cobalt miner news. The past month saw cobalt prices move sideways and a very quiet month for news. Cobalt price news As of January 20, the cobalt spot price was US$14.52/lb , about the same as US14.74/lb last month. The LME cobalt price is US$31,500/tonne . ...

Welcome to the December 2019 cobalt miner news. The past month saw cobalt prices move lower. The big news for the month was Glencore's Mutanda mine in Congo shuts down a month early. Also I noticed Glencore's cobalt production guidance remains lower (no Mutanda) for 2020, 2021, and 2022. Thi...

Cobalt’s price decline continued in 2019, and despite seeing a rebound after the summer, it had stabilized by the last quarter.  News about supply concerns as well as the shutdown of the world’s largest cobalt mine — Mutanda in the Democratic Republic of Congo (DRC)...

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The global transition away from the internal combustion engine (ICE) to electric vehicles (EVs) is accelerating, putting pressure on cobalt supplies around the world.  Especially now that lithium-ion battery-powered vehicles are approaching cost parity with fossil fuel burners, more dri...