# Cobalt Miners News For The Month Of August 2022 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb Original source: https://money.tmx.com/en/quote/FTMDF/news/8851620632433361/cobalt-miners-news-for-the-month-of-august-2022 Publisher: tmx Original announcement: 2022-08-25T11:38:27.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas 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 factor: Glencore cobalt production up 40% YoY - Positive factor: Jinchuan cobalt revenue surged 157% - Positive factor: Electra identifies new mineralization in Idaho - Negative factor: Cobalt spot prices slightly lower for the month - Negative factor: Slowing demand for cobalt in China Facts used in scoring: 11 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: 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) ### WFDH530 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-drill-facts-0) Walford Creek · copper #### 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 factor: 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WFDH531 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-drill-facts-1) Walford Creek · copper #### 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 factor: 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### WFDH532 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-drill-facts-2) Walford Creek · copper #### 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 factor: 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: 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 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-3) KNP Project · cobalt #### 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 factor: Significant cobalt resource Evidence · text > 380kt of contained cobalt at their KNP Project #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-4) KNP Project · nickel #### 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 factor: Significant nickel resource Evidence · text > 5.9mt of contained nickel #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-5) Broken Hill Cobalt Project · cobalt #### 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 factor: Significant cobalt resource Evidence · text > 81.1kt of contained cobalt at their 100% owned Broken Hill Cobalt Project #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-6) Kalkaroo · cobalt #### 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 factor: Significant cobalt resource Evidence · text > 23,200 tonnes of cobalt #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-7) Kalkaroo · copper #### 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 factor: Significant copper resource Evidence · text > 1.1 million tonnes of copper #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-8) Kalkaroo · gold #### 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 factor: Significant gold resource Evidence · text > 3.1 million ounces of gold #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-9) NiWest Nickel-Cobalt Project · nickel #### 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 factor: Significant nickel resource Evidence · text > 830,000 tonnes of nickel metal #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/cobalt-miners-news-for-the-month-of-august-2022--e79cb6c3-ba9a-49be-9ba5-23df2f4fdcbb#fact-resource-facts-10) NiWest Nickel-Cobalt Project · cobalt #### 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 factor: Significant cobalt resource Evidence · text > 52,000 tonnes of cobalt #### Tags used in scoring **Cut-off Undisclosed** Polarity: negative Definition: 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.