GREY:BNCIF - Post by User
Post by
frank1971on Mar 28, 2017 9:44am
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Post# 26039693
CBC News March 25, 2017- Excerpt
CBC News March 25, 2017- Excerpt There's an old school gold rush underway in northern Ontario, but the demand is for a special metal that is used in everything from smart phones to electric cars.
More than a dozen mining companies are staking out claims in Cobalt, Ont. as price of the mineral with the same name rises, according to the Northern Prospectors Association.
"The whole situation is a cobalt-style rush, just like an old fashioned staking rush," said Gino Chitaroni, president of the Northern Prospectors Association and a geologist from the area.