Cobalt Blue Holdings has placed 6.9 million new shares at an issue price of 58 cents each to raise proceeds of $4 million (before costs).
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Cobalt Blue plant commissioning progresses
Cobalt Blue has advanced the commissioning of its demonstration plant at its Broken Hill project in New South Wales.
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Broken Hill turns to United States following Thackaringa sale
Broken Hill Prospecting has completed the transfer of its interest in the Thackaringa cobalt project in New South Wales to its joint venture partner Cobalt Blue.
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OZ Minerals forms agreement with Cobalt Blue
Broken Hill energy solutions company Cobalt Blue has entered into a test work cooperation agreement with OZ Minerals.
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Cobalt Blue puts Thackaringa JV dilution into effect
Cobalt Blue now holds 93.68 per cent interest in the Thackaringa cobalt project, and Broken Hill the remaining 6.32 per cent after the latter had failed to submit payment for the bankable feasibility study.
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Broken Hill and Cobalt Blue’s Thackaringa JV of ‘global significance’
Broken Hill Prospecting’s joint Thackaringa cobalt project with Cobalt Blue has received strong results from its pre-feasibility study (PFS), indicating the project to be low-cost, high-purity, globally significant source of cobalt sulphate.
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LG joins forces with NSW cobalt joint venture
Broken Hill Prospecting and spin-off Cobalt Blue have established a strategic alliance with LG International (LGI) at their Thackaringa cobalt project joint venture in New South Wales.
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Cobalt Blue and Castillo achieve success in Broken Hill
Cobalt Blue and Castillo Copper are both making progress on cobalt projects in the Broken Hill region of New South Wales; the former has raised $2.5 million through Korean and Japanese investment for the Thackaringa project, while the latter is finalising strategy for its recent cobalt zone discoveries.
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