Roger Murphy, chief executive at African Battery Metals PLC (LON:ABM), discusses with Proactive Investors plans to extend the auger drilling programme on the Kisinka property in the Democratic Republic of the Congo (DRC) to investigate some additional soil anomalies.
Two lines of augering have so far been completed on the 70% owned Kisinka licence acquired in December 2017 - one across the southeastern part and the second towards the northwestern part of the licence.
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Mining Capital's Alastair Ford says the closure of Glencore’s Mutanda mine in the DRC comes in response to the collapse in the cobalt price over the last year or so. ''The price went very high in 2017 and then came back down and now it's at the $15/lb level which is where it started its rise...
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