Blencowe Resources (BRES.L) has entered into an agreement to acquire the Akelikongo nickel project in Uganda. That project was previously in a joint venture between Rio Tinto (RIO) and ASX-listed […]
Tag: #Uganda
Jervois Mining’s Idaho Cobalt Operations remains on track for feasibility study by quarter’s end
Jervois Mining (ASX:JRV, JRV.V) has released an updated resource estimate in January where an additional 19 hole drill program (for a total of just over 3,100 meters drilled) which helped […]
Report: M2 Cobalt – A rational merger deal without golden parachutes
In a surprise move, M2 Cobalt (MC.V) announced in January it accepted a no-premium, at market merger proposal from its larger peer Jervois Mining (JRV.AX) to create a large battery-metals […]
M2 Cobalt starts drilling the Bombo nickel-cobalt targets
M2 Cobalt (MC.V) has now dispatched a second drill rig to the Bombo exploration target on the Bujagali licenses, as the company wants to follow up on what appears to […]
M2 Cobalt expands land position, starts drilling
M2 Cobalt (MC.V) has entered into a definitive agreement to acquire an additional 4 exploration licenses in Uganda, comprising of a total land package of 850 square kilometers that’s either […]
M2 Cobalt share price drops, but its management & directors are buying more stock
Although the commodity markets have been soft sector-wide, M2 Cobalt (MC.V) saw approximately 30% of its value evaporate when the share price fell back from approximately C$0.40 to the current […]
M2 Cobalt: airborne survey reveals 721 exploration targets
M2 Cobalt (MC.V) has now received the final results from its helicopter VTEM survey on the Kilembe properties. The company completed almost 3,000 line kilometers of flying to complete a […]
Report: M2 Cobalt aggressively advances its Uganda cobalt projects, insiders are buying more stock
Whilst it’s understandable that some of the more marginal cobalt plays have left shareholders and investors somewhat disillusioned in recent markets, it’s frustrating to see how companies that do have […]
