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Arc Minerals agrees cash deal to sell Casa Mining for up to US$9.8mln

Published: 19:19 13 Nov 2019 AEDT

Arc Minerals' (LON:ARCM) Nick von Schirnding speaks to Proactive London's Andrew Scott after announcing they've agreed a deal to sell their entire 99.43% interest in Casa Mining to a Canadian private equity group.

The deal's worth up to US$9.8m - final due diligence is being completed and is expected to close no later than 10 January 2019.

Glencore mine shutdown could prompt a near-term price hike in Cobalt

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...

on 16/8/19