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In the 2021 Arctic Environmental Responsibility Index (AERI) Agnico Eagle Mines Limited was ranked no. 35 among 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle. [6] In 2021, a $13.5 billion merger between Kirkland Lake Gold and Agnico consolidated the largest gold mines in Canada's Abitibi gold belt ...
Osisko Gold Royalties is a spin-off company that was incorporated on April 29, 2014. Its creation was part of a deal between Osisko Mining, Yamana Gold and Agnico Eagle Mines in which white knights Yamana and Agnico purchased Osisko Mining, thwarting Goldcorp's hostile takeover bid.
Cobalt has historically been obtained as a byproduct of copper and nickel mining. [3] The electric vehicle boom in the 2010s created an increased demand for cobalt as a component of electric batteries. In response to that, Electra (First Cobalt Corporation at the time) emerged as a pure-play cobalt exploration and mining company in 2017. [4]
Cyprus Amax Minerals was a major US-based mining company formed in 1993 through the merger of AMAX with the Cyprus Minerals Company. It was one of the world's largest producers of Molybdenum and Lithium and a leading producer of copper and coal. It also produced iron ore and gold. It was acquired by the Phelps Dodge Corporation in 1999.
The company announces the adoption by its board of directors of a two-way internal transformation plan, developed with the financial audit and consulting firm EY, [30] including the decentralization of the management of mining activities through the creation of business units, and the transformation of management, particularly through the ...
The ideal transition temperature between the hcp and fcc structures is 450 °C (842 °F), but in practice the energy difference between them is so small that random intergrowth of the two is common. [15] [16] [17] Cobalt is a weakly reducing metal that is protected from oxidation by a passivating oxide film. It is attacked by halogens and sulfur.
Together with Ximen Tungsten Co Ltd, it founded a joint venture, Luoyang Yulu Mining Co. Ltd. to process the ore. [15] [16] In August 2006, the company began planning an initial public offering, and, in preparation for the move, changed its name to China Molybdenum in 2007. [17] [18] [19] The company is listed on the Hong Kong Stock Exchange. [20]
The addition of cobalt increases heat resistance, and can give a hardness up to 70 Rockwell C. [14] M35 M35 is similar to M2, but with 5% cobalt added. M35 is also known as Cobalt Steel, HSSE or HSS-E. It will cut faster and last longer than M2. [15] M42 M42 is a molybdenum-series high-speed steel alloy with an additional 8% cobalt. [14]