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Congo
 
Unknown - January 11, 2019
Congo’s decision to declare Felix Tshisekedi as the official winner of its presidential election, a result at odds with evidence from polls and independent election observers, is facing a growing tide of skepticism both inside and outside the country.

The international reaction was equally skeptical. Senior officials in France, Belgium, Britain and the United States all expressed concern and questioned the official result…Political analysts said the government of President Joseph Kabila is likely to have chosen Mr. Tshisekedi as the weakest and most pliable of the opposition leaders after concluding that its own candidate could not win. There was widespread speculation by analysts and politicians that Mr. Kabila negotiated a backroom power-sharing deal with Mr. Tshisekedi, allowing him to become president while Mr. Kabila continues to control key sectors such as the military and security agencies. Local media have reported that secret meetings were recently held between Mr. Tshisekedi’s campaign and the Kabila government.

 
BusinessTelegraph - January 10, 2019
The Democratic Republic of Congo’s powerful Catholic Church denounced official presidential election results on Thursday, stepping into a...
80 million people. Congo produces some two-thirds of the world’s cobalt, used in the lithium-ion batteries powering electric cars and mobile

The disputed results put the church in a delicate position, having to balance its demand for a democratic transfer of power with the threat of further violence in a country racked by conflict for 25 years…Diplomats say that Catholic bishops privately told them their observers’ vote count showed another opposition leader, former Exxon Mobil country manager Martin Fayulu, had come in first. In a news conference, the church challenged the results released by the commission, but stopped short off naming Mr. Fayulu or publishing its own vote tabulation…Congo produces some two-thirds of the world’s cobalt, used in the lithium-ion batteries powering electric cars and mobile phones, and several other minerals key to manufacturing modern technologies…Church representatives will brief the United Nations Security Council on Friday, along with observers from the Southern African Development Community, a European diplomat said…Virtually unknown outside Kinshasa until a couple of months ago, Mr. Fayulu ran a campaign fueled by funding from two wealthy and exiled backers, both of whom had been blocked from running. Soccer magnate Moise Katumbi would have faced arrest for what he says are trumped-up charges linked to a real-estate dispute, while former warlord Jean-Pierre Bemba was disqualified due to a conviction of witness tampering by the International Criminal Court in The Hague…Mr. Tshisekedi is the scion of one of Congo’s most prominent political families. His father Étienne, who died in 2017, led the opposition against longtime strongman Mobutu Sese Seko and later against both Laurent and Joseph Kabila. But since inheriting the party leadership, the 55-year-old has failed to rival the popularity of his father…Addressing supporters in front of his party’s headquarters in Kinshasa Thursday, Mr. Tshisekedi thanked Mr. Kabila and the electoral commission. “From today we should no longer see him as an adversary but instead as a partner in the democratic change in our country,” he said.

 
 
EVs
 
Unknown - January 11, 2019
(Reuters) -China’s Tsingshan Group and partners including GEM Co Ltd on Friday announced the start of work on a $700 million battery chemicals project in Indonesia.

Friday’s statement gave no timeframe for the start of production and analysts have cast doubt on the possibility of a 2019 start-up as earlier guided by Japanese stakeholder Hanwa Co Ltd …The plant will produce 50,000 tonnes of nickel hydroxide intermediates and 150,000 tonnes of battery-grade nickel sulphate crystals annually, as well as 20,000 tonnes of cobalt sulphate crystals and 30,000 tonnes of manganese sulphate crystals.

 
CBC News - Canada - January 11, 2019
like reservoirs behind hydroelectric or water storage dams. Could it work in Canada? The B.C. Sustainable Energy Association thinks so . It

China's vehicle market broke in the direction of electric vehicles [i.e. EV sales went up, despite a drop in overall vehicle sales] in mid-year of 2018, when I was anticipating that might not happen until mid-year 2020. And now that it has broken, it would be a waste of time for people to ponder whether or not internal combustion engines will make a growth comeback in China. The growth prospects for internal combustion engines are over in China…Commodity prices are very sensitive to marginal changes in growth rates. It's very important to the oil industry, for Alberta, to have the market expect that demand be at least a little bit higher next year. That keeps the pressure on prices…But I'm going to express some confidence here and say the break in the oil growth for China changed the [global] forecasts for demand growth.

 
 
fortuneminerals
For further information about the NICO Project and its Mineral Reserves, please refer to the Technical Report on the Feasibility Study for NICO, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon, which has been filed on SEDAR and is available under the Company's profile at www.sedar.com.

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CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

The materials appearing in this email contain forward-looking information. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the size and quality of the Company’s mineral resources, progress in permitting and development of mineral properties, timing and cost for placing the Company’s mineral projects into production, costs of production, amount and quality of metal products recoverable from the Company’s mineral resources, anticipated revenues, earnings and cash flows from the Company's mineral projects, demand and market outlook for metals and coal and future metal and coal prices. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the inherent risks involved in the exploration and development of mineral properties, uncertainties with respect to the receipt or timing of required permits and regulatory approvals, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal and coal prices, the possibility of project cost overruns or unanticipated costs and expenses, the possibility that production from the Company's mineral projects may be less than anticipated, uncertainties relating to the availability and costs of financing needed in the future, uncertainties related to metal recoveries and other factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update them or revise it to reflect new events or circumstances, except as required by law.

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