A look at the junior cobalt miners _ seeking alpha

Global cobalt production in 2015 was 124,000 tons (with about half coming from the Democratic Republic of Condo ((NYSE: DRC)), with the bulk of the increase attributable to new capacity from African copper mines. Electricity cost per kwh by country You can see the top ten cobalt producing countries here. Electricity problem in up Cobalt supply is mostly ( 94%) as a by-product of copper and nickel mining, both of which have had depressed prices and production in recent years, due to the China slowdown from 2011 to 2015. Electricity bill bihar electricity board This means that while copper and nickel production is flat, cobalt production will be flat. 9gag instagram The other factor is that at least half the cobalt supply comes from the DRC, where there is currently a lot of political uncertainty and risk. Electricity symbols ks2 Certainly the 46% increase in the cobalt price since February is supportive of this.

Roskil states: “Going forward, despite the potential for further new supply sources and expansion projects coming on stream, demand is forecast to grow at a higher rate than supply. Gas yourself in car However, it will take several years for the recent period of oversupply and resultant stockpiling to be reconciled, which is likely to keep prices in check over the medium term.” I think the above Roskill quote has not been updated.

CRU’s Cobalt Market Outlook 2016, published on 18th August 2016, Senior Consultant Dr Edward Spencer writes “the refined cobalt market will fall into a 3,000 tonne deficit this year following seven years of overcapacity and oversupply. Electricity storage costs CRU anticipates prices to increase onward into 2017 as global demand for refined cobalt exceeds the 100 kt mark and mine and refined supply tightens.”

Brixton owns the Langis and Hudson Bay projects in Ontario Canada. K gas station The Langis mine was a former silver producer that produced intermittently from 1908 to 1989, but is thought likely to also hold cobalt. Gas konigsforst They also have the Thorn gold-silver exploration project in British Columbia. Current electricity examples They currently trade on a market cap of just CAD 9.7m. Electricity shock in the body Investors can read their recent December 2016 presentation here. Electricity and magnetism physics definition One to watch, especially as Rob McEwen is a 9% shareholder.

Canadian International Minerals are a Canadian company that owns the Tisova copper, cobalt and precious metal deposit in Erzgebirge, Czech Republic. Gas estimator They recently completed sampling of the old Tisova dump material and it returned values up to 8.93% Cu, 0.18 % Co, 0.15% Bi, 59 g/t Ag, 89 g/t In and 2.25g/t Au. Power outage houston reliant They are also exploring the Lac Manitou Ni-Cu-Co-PGM project in Quebec. Static electricity zapper Market cap is a mere CAD 1.3m. Electricity outage sacramento You can view their company presentation here. Electricity production by source Sounds promising.

Cobalt Blue is not yet trading, but should IPO soon with 50m shares at AUD 0.20, raising AUD 10m. Igas energy shares The 100% owned Thackaringa cobalt-pyrite project has an inferred resource of 35.7 million tonnes grading 0.084% cobalt (for 30,000 tonnes of contained cobalt). Physical science electricity review worksheet The resource is a shallow deposit continuing at depth, suitable for an open cut mine. Electricity projects ks2 The company refers to it as “one of the world’s largest undeveloped cobalt resources.”

BPL shareholders will receive in-specie distribution of BPL’s Cobalt Blue shares (each 4.1682 BPL shares held at the record date receive one COB Share), including loyalty options and priority entitlement in an IPO. Electricity experiments for 4th graders Cobalt Blue will buy into the Thackaringa project on a performance based structure. Bp gas card login If the maximum of $10 million is raised, the undiluted market capitalisation of Cobalt Blue will be AU$19 million post offer.

Cobalt Blue is targeting a resource of 100 million tonnes at 0.084% cobalt for 84,000 tonnes of contained cobalt. Electricity wikipedia in hindi That will support a 20 year operation at 4,000 tonnes pa, and make Cobalt Blue a top five global producer. Gas 93 octane Definitely one to watch closely.

Cobalt Power group recently (in 2016) acquired the Smith Cobalt & extensions, Proteus, and Kirk Lake, properties in Ontario Canada. Electricity flow direction Currently they trade on a market cap of just CAD 1.8m, so just the beginning. Electricity billy elliot instrumental One to watch.

CobalTech Mining are a Canadian former graphite turned cobalt miner. Grade 6 electricity project They own the past producing Duncan Kerr property and related production facilities and equipment, located in the Cobalt region of Ontario, Canada. Gas and sand Current market cap is CAD 11.2m.

Conico own 50% of the Western Australian Mt Thirsty cobalt-nickel (oxide) manganese project with Barra Resources. Gas constant for helium They currently trade on a market cap of just AUD 10.6m.

• Johnson Cobalt prospect (Ontario, Canada) – grab assays over 300m up to 10.5% cobalt, 69 g/t silver, 12% nickel and 0.4% copper (historic data)

Dragon recently acquired the Tabac cobalt-gold project 30 kilometers from Wiluna in Western Australia. 3 gases in the air They are currently at the exploration stage of their extensive tenement holding covering over 110 square kilometers. Gas after eating pasta Early drilling shows some potential including 10m at 1.47% cobalt.

eCobalt 100% own the Idaho Cobalt Project (ICP) in the USA. Gas equations chemistry Measured and indicated resource at Blackbird is 2.654 million tons of 0.628 percent cobalt, 0.619 percent copper and 0.49 grams gold. Walmart with a gas station near me The project is estimated to produce 1,386 tons of cobalt annually over a minimum 12.5-year span. Electricity trading strategies Their 2015 PEA post-tax NPV 8.5% was US$113 million, IRR 24.07%, and a 12.5-year life of mine. Q gastrobar dias ferreira Upfront CapEx was estimated to be US$147m. Gas house gorillas I was not able to find the assumed cobalt price for the study; however, in 2015 the cobalt prices were around US$10-12,000/lb. Electricity kwh calculator They are currently working to initiate a Definitive Feasibility Study on the ICP, which should give a significantly higher NPV given the current cobalt price of US$14.63, as well as to secure offtake agreements with potential end users. Electricity trading hubs The company is looking to Q1 2017 for the study’s completion. La gas prices 2016 They are at a very advanced stage with the mine, mill and concentrator, and a hydrometallurgical plant. I electricity bill com This helps explain why they have had a great run in the past year up 381%, and currently have a market cap of CAD 56.5m. Gas block install Unless they can dramatically increase their resource and/or production plans, they look fully valued right now. Electricity austin Off course this would change if the cobalt price continues to rise.

Fortune 100% own the NICO gold-cobalt-bismuth project in the Northwest Territories of North America. Gas national average 2008 The NICO deposit contains 82 million pounds of cobalt, more than 1.1 million ounces of gold (as per their mineral reserve statement), as well as 12 per cent of global bismuth reserves. Electricity voltage used in usa Life-of-mine average annual production is projected to be 41,300 ounces of gold, 1,615 tonnes of cobalt contained in a battery-grade cobalt sulphate heptahydrate, 1,750 tonnes of bismuth contained in ingots, needles and oxide, and 265 tonnes of copper. Tropico 5 power plant The company is at the stage of obtaining financing to build their mine and processing plant, and are awaiting the access road approval to help progress the project. La gasolina in english Current market cap is CAD 28.4m. Z gastroenterol Once they get the road approval, an off take (equity) partner, and some financing the stock will re-rate higher.

Highland Pacific is an Australian mining company with projects in Papua New Guinea (PNG). Gas gangrene They own 8.56% of the Ramu nickel/cobalt resource, and 20% of the massive $ 3.6b Frieda River gold/copper resource. C gastronomie mariage The later project will require massive CapEx, two years for approvals and six years for construction, meaning first production would be no earlier than 2024/25. Z gas el salvador empleos Also PNG has a checkered history for miners BHP (NYSE: BHP) and Rio Tinto (NYSE: RIO). Gas finder mn You can view company presentations here. Gas bubble in chest and back Current market cap is AUD 52m. Electricity 2014 Patience required.

Hinterland Metals own the Chilton copper-cobalt project in Quebec, Canada. 1 unit electricity cost in andhra pradesh They also have several other gold and lithium projects. Electricity images cartoon The company states on their website, “the Company explores for its own account. Electricity cost calculator Hinterland also derives revenue and furthers exploration or development by farming out mineral property interests in whole or in part to other exploration companies for a mix of cash, shares and work expenditure commitments.” Current market cap is just CAD 1.3m. 2015 electricity prices Sounds interesting.

Katanga Mining is a Swiss mining company with copper and cobalt reserves in the Katanga province of the DRC. Electricity multiple choice questions grade 9 They are not a junior as such, but due to their mine closure they are trading on a low market cap of just CAD 257m, relative to their large reserves. Electricity for beginners They are reported to have by far the world’s largest reserves of cobalt. Gas stoichiometry problems According to the company website, “Katanga Mining Limited operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo ( DRC). Electricity physics khan academy Our single-site operation, which comprises brownfield assets and new facilities under construction, will have one of the lowest unit production costs in the world, net of by-product credits.”

The company stated:”On September 11, 2015 the Company announced the decision to suspend the processing of copper and cobalt until approximately H1 2017. Gas house eggs The Corporation will continue with the planned investment of $880 million into ongoing processing plant upgrades and the waste stripping of the KOV Open Pit and Mashamba East Open Pit mines. Electricity projects for grade 7 These process upgrades include the commissioning of the new leach plant which will replace the existing oxide concentration process. Gas nozzle stuck in car This is expected to significantly improve both copper recoveries and operating unit costs when processing resumes.” The company claims to have the “potential of becoming Africa’s largest copper producer and the world’s largest cobalt producer.” Glencore is the largest shareholder in Katanga Mining, and the company has various subsidiaries. World j gastrointestinal oncol impact factor Katanga holds a 75% stake in two joint ventures with Gécamines (the state-owned mining company in the DRC). 3 gases in the atmosphere Currently the stock trades on a market cap of CAD 257m. Electricity for refrigeration heating and air conditioning answer key Given the stock has dropped from around CAD 1.30 in 2011 to just 0.135 now (about a tenfold fall), investors would buy if they believe in the cobalt and copper outlook, and Katanga as a turnaround stock once production starts again. V gashi kenga e zagrebit High risk, high reward.

LiCo Energy Metals, are a company focused on the exploration and development of minerals essential to lithium-ion batteries. Grade 9 electricity quiz They own the Teledyne Cobalt project in Ontario Canada, and are set to begin drilling the property at Timiskaming Lake searching for cobalt and silver. Electricity terms and definitions Current market cap is CAD 10.5m.

Tiger Resources is an Australian copper junior focused on the Kipoli copper project in the Democratic Republic of Congo. Electricity jeopardy game Currently they are producing around 26,228 tonnes of copper cathode, and plan to expand into cobalt production. Electricity usage by appliance For now, they are an undervalued copper miner, with potential in the cobalt space. Gas nozzle prank My model end 2017 forecast target price is AUD 0.28, based on 32,500 tons of copper production in 2017. Electricity load shedding So really investors get the cobalt upside for free. Gas efficient suv 2015 Current market cap is AUD 68.7m.

• Sovereign risk – Especially those with African mines, and especially in the DRC, where the governments have been known for extreme corruption.

Cobalt is perhaps the most critical element right now in the EV supply chain, especially as it is rare, and mostly only mined as a by-product of nickel and copper mines. Electricity generation by state Other industries such as the aerospace industry also rely on cobalt supply. Electricity 101 presentation Most investors are still coming to understand how inelastic the cobalt supply is, at a time when demand is surging (read EVs are set to electrify the market in 2017). Electricity year invented This will most likely mean that cobalt will be one of the top performing metals in 2017.

For now, my favorite cobalt juniors are Fortune Minerals, Tiger Resources (an undervalued copper miner, with cobalt), and Katanga Mining. Gas 85 I will also be keeping a close eye on Cobalt Blue and others. Electricity and magnetism connect to form Investors should be aware they are very speculative stocks at this time. Electricity 24 hours This really is a newly developing sector, and many of the juniors are therefore still only at the exploration stage, making it a lot harder to pick the winners. Electricity news in nigeria The above mentioned cobalt plays either have proven cobalt reserves, or are either in or nearer to production stage. Gas 1940 hopper I intend to publish my top 5 cobalt miners in early 2017, once I have had time to better study and assess the juniors. Electricity 4th grade powerpoint Investors can find an excellent detailed list of cobalt miners based on resource size here.


I wrote this article myself, and it expresses my own opinions. Save electricity images I am not receiving compensation for it (other than from Seeking Alpha). Electricity nyc I have no business relationship with any company whose stock is mentioned in this article.

Editor’s Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Electricity cost nyc Please be aware of the risks associated with these stocks.