Cobalt Bloom

440,000 pounds Cobalt Historical Production

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Cobalt at Castle

In addition to the Castle Silver Mine profitably operated by Agnico Eagle until the late 1980’s, the company also has 100% ownership of the Beaver and Violet cobalt silver properties located near the historic Castle Mine property.  Roughly 300,000 pounds of cobalt was mined from the Castle property over the years, see August 3rd 2015 Technical Report with the Beaver property having historical documented cobalt production of another 140,000 pounds.  Although cobalt has been in the news in recent months, work related to cobalt on the CSR properties dates to 2011 when drill hole CA11-08 from the historic Castle Mine property returned 6,476 grams …

Cobalt in the News

Cobalt prices continue to appreciate on tight supplies, steady demand

Tight supplies and trader buying continued to push spot cobalt prices higher in the week ended Friday January 26, but currency moves deterred large spot purchases of cobalt in the second half of last week…

Japanese cobalt traders find there is none left to buy

TOKYO — Prices of cobalt roughly doubled in 2017 as automakers scrambled to secure the silvery element, which is used in batteries that power emission-free vehicles. The global shortage is hitting Japanese traders…

Hype Meets Reality as Electric Car Dreams Run Into Metal Crunch

When BMW AG revealed it was designing electric versions of its X3 SUV and Mini, the going rate for 21 kilograms of cobalt—the amount of the metal needed to power typical car batteries—was under $600…

This is how much copper, nickel, cobalt an electric vehicle world needs

Glencore’s investor day on Tuesday painted a positive picture not just of the Swiss miner and commodities trader’s business but also had good news for the mining industry as a whole….

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Castle Silver
Beaver Silver Cobalt Property
Violet Silver Cobalt Property
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