Cobalt Miners News For The Month Of April 2023
Original announcement by tmx on
- Company
- Unavailable
- Ticker
- FTMDF
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Cobalt
- Secondary commodities
- Copper, Gold, Lithium, Nickel, Manganese, Graphite, Rare earths
- Document categories
- Resource update, Other
- Extracted
- 2026-09-17 23:11:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
A monthly news summary for the cobalt sector covering April 2023. It includes cobalt spot price trends, market supply/demand forecasts, and corporate updates for various miners including Glencore, CMOC, and Jervois Global.
Reasoning: The document is a monthly news aggregator summarizing various cobalt market updates, pricing, and corporate news across multiple companies. It does not contain new primary data from the issuer itself.
Facts used in scoring: 6
Classification and evidence
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The document discusses multiple projects and companies in the cobalt sector rather than a single discovery.
Evidence · text
“Cobalt Miners News For The Month Of April 2023”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Resource Estimates (6)
indicatedIdaho Cobalt Operations · cobaltTonnes: 3780000Grade: 0.52Grade Unit: %View all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- cobalt
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:a0f63eb0a34992d5a785
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3780000
- Grade
- 0.52
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated M&I resource shows grade improvement for cobalt.
Positive factors
- Grade improvement
Evidence · text
“Updated ICO Measured and Indicated ("M&I") MRE at 3.78 million metric tonnes ("Mt") grading 0.52% cobalt ("Co")”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedIdaho Cobalt Operations · copperTonnes: 3780000Grade: 0.84Grade Unit: %View all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:a0f63eb0a34992d5a785
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3780000
- Grade
- 0.84
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated M&I resource shows significant copper grade improvement.
Positive factors
- Grade improvement
Evidence · text
“0.84% copper ("Cu")”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
indicatedIdaho Cobalt Operations · goldTonnes: 3780000Grade: 0.54Grade Unit: g/tView all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:a0f63eb0a34992d5a785
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 3780000
- Grade
- 0.54
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated M&I resource shows gold grade improvement.
Positive factors
- Grade improvement
Evidence · text
“0.54 grams per metric tonne of gold ("g/t Au")”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredIdaho Cobalt Operations · cobaltTonnes: 1590000Grade: 0.51Grade Unit: %View all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- cobalt
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:ea8b3237e222d91c26b7
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1590000
- Grade
- 0.51
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated Inferred resource shows grade improvement for cobalt.
Positive factors
- Grade improvement
Evidence · text
“Updated Inferred Resources increased grade... with updated tonnage of 1.59Mt @ 0.51% Co”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredIdaho Cobalt Operations · copperTonnes: 1590000Grade: 0.92Grade Unit: %View all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- copper
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:ea8b3237e222d91c26b7
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1590000
- Grade
- 0.92
- Grade Unit
- %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated Inferred resource shows significant copper grade improvement.
Positive factors
- Grade improvement
Evidence · text
“0.92% Cu”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
inferredIdaho Cobalt Operations · goldTonnes: 1590000Grade: 0.65Grade Unit: g/tView all detailsHide details
Identity
- Project
- Idaho Cobalt Operations
- Commodity
- gold
- Region
- usa_id
- Reported Region
- Idaho
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- Resource group id
- resource:ea8b3237e222d91c26b7
- Deposit or zone
- ICO
- Mining method
- other
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1590000
- Grade
- 0.65
- Grade Unit
- g/t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2023-04-25T00:00:00.000Z
Reasoning: Updated Inferred resource shows gold grade improvement.
Positive factors
- Grade improvement
Evidence · text
“0.65 g/t Au”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
No QP/CP Disclosurenegative
No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
Why it applies: no Qualified or Competent Person is named anywhere in the release
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.