NZRIF News and Press, Regal Resources Ltd Ord From 09/22/19

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

During the cobalt boom from 2017 up until early 2018, Nzuri Copper ( OTCPK:NZRIF ) was a standout performer, as the company boasts a very prospective and high-grade copper/cobalt project, Kalongwe (85% owned by Nzuri Copper, 10% owned by a local partner, and 5% owned by the government), loca...

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...

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....

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 , ...

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...

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%)...