EXPLORATION & DEVELOPMENT

Heat out of Celsius after study released

SHARES in minnow Celsius Resources have lost almost 30% in morning trade to knock millions off the value of the company despite yesterday’s release of a positive scoping study for the 95%-owned Opuwo cobalt project in Namibia.

Heat out of Celsius after study released

      The cobalt price has halved since April, when Celsius shares were trading above A20c, and the company has suffered as the metal price fell, dropping to 7.5c this morning after investors had...

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