Cobalt Miners News For The Month Of August 2022
Original announcement by tmx on
- Company
- Unavailable
- Ticker
- FTMDF
- Exchange
- TSX
- Region
- Unavailable
- Primary commodity
- Cobalt
- Secondary commodities
- Nickel, Copper, Gold, Lithium
- Document categories
- Resource update, Other, Drill results
- Extracted
- 2026-09-17 23:11:28 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
A monthly news roundup for the cobalt sector for August 2022. It highlights strong production and revenue growth for major players like Glencore and Jinchuan Group, alongside market forecasts from the IEA and UBS regarding surging battery metal demand.
Reasoning: Monthly news aggregator covering various cobalt-related corporate and market updates. Sentiment is slightly positive due to strong production/revenue growth in major miners, despite minor price softening.
Positive factors
- Glencore cobalt production up 40% YoY
- Jinchuan cobalt revenue surged 157%
- Electra identifies new mineralization in Idaho
Negative factors
- Cobalt spot prices slightly lower for the month
- Slowing demand for cobalt in China
Facts used in scoring: 11
Classification and evidence
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: GME Resources' NiWest project is located adjacent to Glencore's Murrin Murrin Nickel operations.
Evidence · text
“NiWest Nickel-Cobalt Project located adjacent to Glencore's Murrin Murrin Nickel operations”
Extracted facts
Stored fact records: 11. Some facts used in scoring do not have a stored record.
Drill Results (3)
WFDH530Walford Creek · copperGrade: 1.27Grade Unit: %Intercept: 76.5 mView all detailsHide details
Identity
- Hole ID
- WFDH530
- Project
- Walford Creek
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- FTMDF
Geometry
- Grade
- 1.27
- Grade Unit
- %
- Intercept
- 76.5 m
- From
- 273.5 m
- To
- 350 m
- Intercept Depth
- 273.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- WFDH530:273.5-350
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Strong exploration results at Walford Creek.
Positive factors
- Significant CuEq intercepts reported
Evidence · text
“WFDH530 intersected: 76.5m at 1.27% CuEq* in PY1 from 273.5m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
WFDH531Walford Creek · copperGrade: 0.6Grade Unit: %Intercept: 32 mView all detailsHide details
Identity
- Hole ID
- WFDH531
- Project
- Walford Creek
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- FTMDF
Geometry
- Grade
- 0.6
- Grade Unit
- %
- Intercept
- 32 m
- From
- 292 m
- To
- 324 m
- Intercept Depth
- 292 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- WFDH531:292-324
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Exploration success at Walford Creek.
Positive factors
- Moderate CuEq intercept
Evidence · text
“WFDH531 intersected: 32.0m at 0.60% CuEq in PY1 from 292.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
WFDH532Walford Creek · copperGrade: 1.74Grade Unit: %Intercept: 14 mView all detailsHide details
Identity
- Hole ID
- WFDH532
- Project
- Walford Creek
- Commodity
- copper
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- FTMDF
Geometry
- Grade
- 1.74
- Grade Unit
- %
- Intercept
- 14 m
- From
- 485 m
- To
- 499 m
- Intercept Depth
- 485 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- WFDH532:485-499
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Exploration success at Walford Creek.
Positive factors
- Strong CuEq intercept
Evidence · text
“WFDH532 intersected: 14.0m at 1.74% CuEq in PY3 from 485.0m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Resource Estimates (8)
Fact 1KNP Project · cobaltContained Metal: 380Contained Unit: ktView all detailsHide details
Identity
- Project
- KNP Project
- Commodity
- cobalt
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:88c5583a55a172f86932
Resource Data
- Contained Metal
- 380
- Contained Unit
- kt
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at KNP Project.
Positive factors
- Significant cobalt resource
Evidence · text
“380kt of contained cobalt at their KNP Project”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2KNP Project · nickelContained Metal: 5.9Contained Unit: mtView all detailsHide details
Identity
- Project
- KNP Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:88c5583a55a172f86932
Resource Data
- Contained Metal
- 5.9
- Contained Unit
- mt
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at KNP Project.
Positive factors
- Significant nickel resource
Evidence · text
“5.9mt of contained nickel”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Broken Hill Cobalt Project · cobaltContained Metal: 81.1Contained Unit: ktView all detailsHide details
Identity
- Project
- Broken Hill Cobalt Project
- Commodity
- cobalt
- Region
- australia
- Reported Region
- NSW, Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:57f831bdfc317c7499d4
Resource Data
- Contained Metal
- 81.1
- Contained Unit
- kt
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at Broken Hill Cobalt Project.
Positive factors
- Significant cobalt resource
Evidence · text
“81.1kt of contained cobalt at their 100% owned Broken Hill Cobalt Project”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 4Kalkaroo · cobaltContained Metal: 23200Contained Unit: tView all detailsHide details
Identity
- Project
- Kalkaroo
- Commodity
- cobalt
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:4d315c03730e5595b5c2
Resource Data
- Contained Metal
- 23200
- Contained Unit
- t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at Kalkaroo project.
Positive factors
- Significant cobalt resource
Evidence · text
“23,200 tonnes of cobalt”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 5Kalkaroo · copperContained Metal: 1.1Contained Unit: mtView all detailsHide details
Identity
- Project
- Kalkaroo
- Commodity
- copper
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:4d315c03730e5595b5c2
Resource Data
- Contained Metal
- 1.1
- Contained Unit
- mt
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at Kalkaroo project.
Positive factors
- Significant copper resource
Evidence · text
“1.1 million tonnes of copper”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 6Kalkaroo · goldContained Metal: 3.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Kalkaroo
- Commodity
- gold
- Region
- australia_sa
- Reported Region
- South Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:4d315c03730e5595b5c2
Resource Data
- Contained Metal
- 3.1
- Contained Unit
- moz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at Kalkaroo project.
Positive factors
- Significant gold resource
Evidence · text
“3.1 million ounces of gold”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 7NiWest Nickel-Cobalt Project · nickelContained Metal: 830000Contained Unit: tView all detailsHide details
Identity
- Project
- NiWest Nickel-Cobalt Project
- Commodity
- nickel
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:a5e915a4b269d6426522
Resource Data
- Contained Metal
- 830000
- Contained Unit
- t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at NiWest Project.
Positive factors
- Significant nickel resource
Evidence · text
“830,000 tonnes of nickel metal”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 8NiWest Nickel-Cobalt Project · cobaltContained Metal: 52000Contained Unit: tView all detailsHide details
Identity
- Project
- NiWest Nickel-Cobalt Project
- Commodity
- cobalt
- Region
- australia_wa
- Reported Region
- Western Australia
- Ticker
- FTMDF
Resource scope
- Estimate type
- resource
- Resource group id
- resource:a5e915a4b269d6426522
Resource Data
- Contained Metal
- 52000
- Contained Unit
- t
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2022-08-25T00:00:00.000Z
Reasoning: Existing resource at NiWest Project.
Positive factors
- Significant cobalt resource
Evidence · text
“52,000 tonnes of cobalt”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.