First Cobalt Corp. is pleased to announce that it has entered into a letter of intent with Kuya Silver Corporation to sell a portion of its silver and cobalt mineral exploration assets in the Canadian Cobalt Camp and form a joint venture to advance the remaining mineral assets. The transaction will allow the two companies to resume mineral [...]
First Cobalt Corp. is pleased to announce that it has signed contribution agreements and will be the recipient of $10 million in public funding from the Government of Canada and the Government of Ontario. This critical funding will allow the Company to accelerate the commissioning and expansion of its Refinery in Northern Ontario, attract new [...]
First Cobalt Corp. is pleased to announce that President & CEO Trent Mell will be presenting at the Cathodes 2020 Conference hosted by Benchmark Mineral Intelligence on Tuesday, December 8, 2020 at 11:00am EST/4:00pm GMT. Mr. Mell will participate in a panel entitled "NCM Evolving: Building a global supply chain for nickel, cobalt, & manganese [...]
Strong Silver Market Spurs Renewed Interest First Cobalt Corp. today announced the commencement of a geophysical survey to follow up on high grade silver and cobalt intercepts in a historic mining area of the Canadian Cobalt Camp and test new tools that could be applied to prospective greenfield areas elsewhere in this mining district. Highlights [...]
First Cobalt Corp. announces that it has filed a final short form base shelf prospectus with the securities regulators in all provinces and territories of Canada. The Final Shelf Prospectus allows the Company to make offerings of common shares, subscription receipts, warrants, units or any combination thereof for up to an aggregate total of C$20 [...]
First Cobalt Corp. announces that it has filed a preliminary short form base shelf prospectus with the securities regulators in all provinces and territories of Canada. When made final, this filing will allow the Company to make offerings of common shares, subscription receipts, warrants, units or any combination thereof for up to an aggregate [...]
First Cobalt Corp. today provided an update on commercial contracts and metallurgical test work relating to its cobalt refinery located in Ontario, Canada. Highlights First Cobalt and Glencore have agreed to discuss a long-term feed purchase contract rather than the tolling arrangement originally contemplated, providing First Cobalt greater [...]
Carbon footprint 50% lower than benchmark cobalt facility First Cobalt Corp. is demonstrating its commitment to fighting climate change by releasing results of a life cycle assessment affirming the low carbon footprint of its Canadian Refinery. The report concludes that the environmental impacts associated with refining cobalt at First Cobalt's [...]
First Cobalt Corp. today announced the resumption of exploration activities at its Iron Creek cobalt-copper deposit in Idaho, USA. As the cobalt market continues to strengthen, the Company is commencing geophysical surveys to trace extensions of mineralization and follow up on geophysical anomalies detected by previous work. Highlights Objective is [...]
First Cobalt Corp. today provided an update on its ongoing engineering studies for its permitted cobalt refinery in Ontario, Canada. The Company now estimates operating costs of $2.36 per pound of cobalt produced, which represents a 13% reduction that improves refinery margins, enhances project economics, and further solidifies the Refinery's [...]
First Cobalt Corp. President & CEO Trent Mell released the following statement in response to Tesla Battery Day announcements: On Tesla's Plans to Make its Own Batteries If you don't control your battery technology and raw materials supply chain, you will get left behind. Simply put, the supply of EVs will grow too quickly for mines, refiners and [...]
First Cobalt Corp. President & CEO Trent Mell released the following statement in response to Tesla Battery Day announcements: On Tesla's Plans to Make its Own Batteries If you don't control your battery technology and raw materials supply chain, you will get left behind. Simply put, the supply of EVs will grow too quickly for mines, refiners and [...]