The cobalt market prepares for another ride

Aug 14, 2019

Cobalt investors have had a wild ride the past 3 years, as prices soared in 2017 then crashed in 2018/2019. For those investors with a longer time frame, the long term demand/supply opportunity remains intact. That is, post 2022 we may start to see increasing cobalt deficits as the electric vehicle (EV) boom takes off. One reason 2022 is significant is that is when electric vehicles are forecast to cost the same as conventional cars. At this point, the demand for electric cars should explode....

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Reuters Article: Cobalt price to jump 60% in next 18 months to $20/lb- UBS

Aug 14, 2019

Cobalt price to jump 60% in next 18 months to $20/lb- UBS   https://uk.reuters.com/article/cobalt-price-to-jump-60-in-next-18-month/cobalt-price-to-jump-60-in-next-18-months-to-20-lb-ubs-idUKL4N2590WI     MELBOURNE, Aug 13 (Reuters) – Investment bank UBS said on Tuesday that the shuttering of top cobalt producer Glencore’s Mutanda mine in Democratic Republic of Congo should trim an expected market surplus over 2019-2023, moving the risk versus reward for cobalt prices “firmly to...

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Magumagold acquires 13.1 million units of Osprey Gold

Aug 14, 2019

2019-08-13 16:45 ET – News Release Mr. Regan Isenor reports MEGUMAGOLD AQUIRES 19.05% OF ISSUED AND OUTSTANDING SHARES OF OSPREY GOLD DEVELOPMENT LTD. THROUGH NON-BROKERED PRIVATE PLACEMENT Megumagold Corp. has participated in a non-brokered private placement of Osprey Gold Development Ltd. The Company acquired 13,100,000 Units of Osprey at a price of $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant (“Warrant”), each Warrant entitling the...

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American Manganese Begins Testing NCA Cathode Material on Final Stages of the RecycLiCo Pilot Plant

Aug 14, 2019

5 Stage Testing of RecycLiCoTM Pilot Plant Will Be Followed by Testing of Third-Party Material August 13, 2019 – Surrey, BC                                                                 TSX.V: AMY | OTC US: AMYZF| FSE: 2AM American Manganese Inc. (“AMY” or the “Company”), is pleased to announce the beginning of Kemetco Research’s testing of NCA cathode material on Stages 3, 4, and 5 of the RecycLiCoTM Pilot Plant...

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A.I.S. Resources Signs a Contract for 26,000 Tonnes Manganese Fines Per Year

Aug 14, 2019

A.I.S. Resources Limited (TSXV:AIS, OTCQB: AISSF) (the “Company” or “AIS”) announced today that the Company has signed a contract with an agricultural product manufacturer to supply 1,000 tonnes of manganese every two weeks for twelve months based on the weekly benchmark price. At the current grade and benchmark price this contract has an estimated gross revenue of US$274,400 every two weeks (US$7million/CAD$9.26 million per annum) based on US$274.40 per tonne. Highlights of the AIS...

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