HENRY LAZENBY on MINING WEEKLY | 1 December 2017 “Cobalt supply constraints, coupled with a never-before-seen boom in the adoption rate of electric vehicles (EV) across the globe, have conspired to create an ideal market in which a pure-play cobalt investment and participation vehicle’s profits can outpace its peers. Cobalt, a critical ‘energy metal’ used […]
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INTERNATIONAL SEABED AUTHORITY | 27 November 2017 JAMAICA, Kingston – – The International Seabed Authority and l’Institut Français de Recherche pour l’Exploitation de la Mer (IFREMER) have signed an Agreement on the extension of the exploration contract for polymetallic nodules in the Clarion Clipperton Zone. IFREMER entered into a 15-year contract for exploration for polymetallic […]
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RANDY SHOWSTACK on EOS | 22 November 2017 “The world is “on the threshold of a new industry,” the head of an international body that governs deep-seabed mining said last week. At a 14 November forum in Washington, D. C., Michael Lodge, secretary-general of the International Seabed Authority (ISA), laid out environmental and other challenges […]
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ANINE KILLIAN on MINING WEEKLY | 21 November 2017 “Junior cobalt miner Cobalt One’s shareholders have approved a merger with Toronto-based First Cobalt, which means that the companies are one step closer to creating the largest pure-play cobalt company in the world. The combined company also owns the only permitted cobalt refinery in North America […]
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SUBSEA WORLD NEWS | 20 November 2017 “The vessel will follow the MT6022 SS Nujoma delivered in 2016 to Debmarine Namibia. The new seabed mining vessel, with a length of 177 meters and a breadth of 27 meters, will be the largest ship ever designed by Marin Teknikk, the company said. The equipment to be […]
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Vancouver, B.C. (November 20, 2017) – Diamond Fields International Ltd. (TSX-V: DFI) (“DFI” or the “Company”) is pleased to provide an update on its Namibian, offshore, diamond concessions. Agreement on Mining Program DFI is pleased to report that International Mining and Dredging Holdings (Pty) Limited (“IMDH“) and the Company have agreed to an initial mining […]
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VALENTINA RUIZ LEOTAUD on MINING.COM | 20 November 2017 “Vancouver-based Diamond Fields International (TSXV:DFI) announced that it is set to resume its mining activities off the coast of Namibia in 2018. In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results officials say “were extremely encouraging, […]
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BLOOMBERG via MINING WEEKLY | 19 November 2017 “Tesla’s plans to roll out an all-electric big rig have given a fresh jolt to the outlook for battery metals that will go into powering the truck founder Elon Musk is calling “The Beast.” Banks including Goldman Sachs Group, UBS Group and Bank of America are already […]
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SOIL MACHINE DYNAMICS | 17 November 2017 UK-based subsea engineering specialist Soil Machine Dynamics Ltd (SMD) has successfully completed first stage testing in a pioneering project which is set to uncover valuable European mineral resources. SMD is technical lead on the VAMOS (viable alternative mine operating system) project, a 42-month international research and development venture, […]
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RADIO NEW ZEALAND | 17 November 2017 “The Pacific Network on Globalisation says claims environmental costs would stop seabed mining in the Cook Islands would be thwarted by a lack of safeguards in the country’s laws. PANG co-ordinator Maureen Penjueli says the Cooks’ Seabed Minerals Act dates back to 2009 when deep-sea mining was believed […]
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