Cobalt, town in Timiskaming District, eastern Ontario, Canada, near Lake Timiskaming. Cobalt is largely a mining community. It grew after the discovery in 1903 of extensive silver and cobalt deposits in the area. Mining activities have declined since the town's industry reached its peak in the early 20th century. Population 1,640 (1986); 1,401 (1996).Microsoft® Encarta® Online Encyclopedia 2001
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