Geovic Mining (fka GVCM)

[b4atf]

If Geovic would ever start mining it would be worth millions.
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http://www.mining.com/web/congo-and-cobalt-critical/?utm_source=digest-en-mining-121223&utm_medium=email&utm_campaign=digest

There can be absolutely no dispute that cobalt holds a critical role in the future green energy economy for its use in solar panels and in the blades and magnets for wind turbines and for its use in the rechargeable batteries used in electric vehicles and consumer electronics. Cobalt is also used in the high-speed, high-strength wear-resistant alloys that are used in aerospace and military technologies. Cobalt also has many industrial uses such as a catalyst in desulfurizing crude oil and in hydrogen generation oxidation. It is used in natural gas-to-liquid technology, orthopedics and life sciences.


More than two-thirds of the world’s cobalt is supplied by the Democratic Republic of the Congo.

Demand for cobalt is expected to rise at about seven percent yoy to over 100,000 tonnes by 2016 and industry experts say more stable sources of cobalt are needed.

A junior with a primary cobalt deposit should be on all our radar screens. Have you got one such junior on your radar screen?

If not, maybe you should.

Richard (Rick) Mills