International news within the industry of mining and metal, May, 22 2019
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Canadian miner acquires U.S. vanadium, uranium properties

Photo: Alba Minerals
Photo: Alba Minerals
Published by
Jaroslaw Adamowski - 15 May 2019

Canada’s Alba Minerals Ltd. has signed an agree-ment with Journey Exploration Inc. to take over the company which holds a 100% interest in five vanadium and uranium properties in Col-orado and Utah, in the U.S., and an option to purchase a sixth prop-erty.

 

“This acquisition complements Alba’s existing portfolio of lithium properties as well as our significant investment in Noram’s 143 million ton lithium resource in Clayton Valley, Nevada,” Sandy MacDougall, the chairman and director of the Canadian company, was quoted in a statement.

 

Alba Minerals says it is a Vancouver-based junior resource company with projects located in North and South America.

Cobalt mine in Democratic Republic Congo. About half of all mined cobalt comes from DRC, mainly from the province of Katanga. The mining takes place close to towns and villages. Local communities regularly are cut off from their farmland and water sources near mines, without having had a say in the matter. There are several examples of forced relocations of entire villages. Inhabitants of the village Kishiba, for example, were forced to move to make way for Frontier, a cobalt and copper mine. Their new homes in Kimfumpa lack the most basic of services such as clean water, fertile farmland, schools and health care. Photo: ECCJ Secretariat
Cobalt mine in Democratic Republic Congo. About half of all mined cobalt comes from DRC, mainly from the province of Katanga. The mining takes place close to towns and villages. Local communities regularly are cut off from their farmland and water sources near mines, without having had a say in the matter. There are several examples of forced relocations of entire villages. Inhabitants of the village Kishiba, for example, were forced to move to make way for Frontier, a cobalt and copper mine. Their new homes in Kimfumpa lack the most basic of services such as clean water, fertile farmland, schools and health care. Photo: ECCJ Secretariat

Chinese control half of the Congo's cobalt