GBLEF News and Press, Global Energy Metals From 12/24/19

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)...

(via TheNewswire) Vancouver, BC - TheNewswire - December 2, 2019 - Global Energy Metals Corporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) ("Global Energy Metals", the "Company" and/or "GEMC" ) is pleased to ann...

Welcome to the November 2019 cobalt miner news. The past month saw cobalt prices move sideways, and plenty of news from the cobalt miners. The biggest news/shock for the month was the massive Katanga Mining C$7.6b discounted rights offering to pay back debt owed to Glencore. Clearly this has a...

(via TheNewswire) Vancouver, BC - TheNewswire - October 31, 2019 - Global Energy Metals Corporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) ("Global Energy Metals", the "Company" and/or "GEMC" ) is pleased to...

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...

(via TheNewswire) Vancouver, BC - TheNewswire - October 1, 2019 - Global Energy Metals Corporation ( TSXV:GEMC ) | ( OTCQB:GBLEF ) | ( FSE:5GE1 ) ("Global Energy Metals", the "Company" and/or "GEMC" ) is pleased to an...

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$16.56/lb , up significantly from US14.29/lb last month. The LME cobalt price is US$...

(via TheNewswire) Vancouver, BC - TheNewswire - September 12, 2019 - Global Energy Metals Corporation ( TSXV:GEMC ) | ( OTCQB:GBLEF ) | ( FSE:5GE1 ) ("Global Energy Metals", the "Company" and/or "GEMC" ) is pleased to...

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...