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4. The rush for cobalt in Cobalt, ON: Mining companies snap up land in the north

from CBC News

From May 30, 2017: 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, ON, 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. more


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