North Star Infrastucture, a consortium of Kiewitt, Hatch & Thurber to construct all-season road Issued Capital: 338,603,220 Fortune Minerals Limited is pleased to report that Government of the Northwest Territories Finance Minister, Robert C. McLeod, has announced that North Star Infrastructure has been selected as the Preferred Proponent to fund, construct, operate and maintain the Tlicho All-Season Road , pursuant to [...]
T???cho? Road Environmnetal Assessment receives Minister and T???cho? Government approvals Issued Capital: 338,603,220 Fortune Minerals Ltd. is pleased to report that the Responsible Ministers of the Governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the T???cho? All-Season Road incorporating the modified measures developed together with the T???cho? Government [...]
Financial support to promote education and better awareness of the importance of mining Issued Capital: 338,603,220 Fortune Minerals Ltd. announces two community sponsorship initiatives to support education in the Northwest Territories as it advances its NICO Cobalt-Gold-Bismuth-Copper project toward construction. Fortune is pleased to be a co-sponsor, together with the NWT government, and other industry, community and [...]
Significant improvement in sale value of cobalt and bismuth concentrates to third party processors and anticipated material reduction in capital and operating costs for development Issued Capital: 338,603,220 Fortune Minerals Ltd. is pleased to announce that it has received successful results of metallurgical test work verifying that it can produce an upgraded and essentially arsenic-free cobalt concentrate for the NICO [...]
Canadian primary cobalt asset positioned for near-term development Issued Capital: 338,603,220 LONDON, ON, July 11, 2018 /CNW/ - Fortune Minerals Ltd. is pleased to provide an update on the progress of environmental work and rezoning efforts needed to support construction of the NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The 100% owned NICO Project is a development stage primary cobalt asset consisting of a [...]
Company also welcomes John McVey to the Board of Directors Issued Capital: 338,603,220 LONDON, ON, June 20, 2018 /CNW/ - Fortune Minerals Ltd. reports that the nominees listed in the management information circular for the 2018 Annual General Meeting of shareholders held on June 19, 2018 were elected as directors of Fortune. Detailed results of the vote for the election of directors are set out below: Nominee Votes For [...]
Third party refiners interested in purchasing NICO concentrates directly from the mine Issued Capital: 338,603,220 LONDON, ON, June 14, 2018 /CNW/ - Fortune Minerals Ltd. is pleased to provide an update for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The NICO Project is a development stage primary cobalt asset currently consisting of a planned mine, mill and concentrator in the Northwest Territories [...]
Accelerating demand for cobalt in electric vehicles and concerns with geographic concentration of supply generating investment interest in NICO Project Issued Capital: 338,403,220 LONDON, ON, April 19, 2018 /CNW/ - Fortune Minerals Ltd. is pleased to provide an update of the financing for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The NICO Project is one of few new cobalt assets globally with the [...]
Public road clears environmental assessment process to enable NICO mine operations Issued Capital: 338,403,220 LONDON, ON, April 4, 2018 /CNW/ - Fortune Minerals Ltd. is pleased to report that the Mackenzie Valley Environmental Impact Review Board has recommended that the Tlicho all-season road be approved subject to measures designed to mitigate potential environmental, social and cultural impacts. The Government of the [...]
Study assessing expanded production scenario is nearing completion for one of the few global development stage cobalt assets Issued Capital: 338,403,220 LONDON, ON, March 27, 2018 /CNW/ - Fortune Minerals Ltd. is pleased to provide an update on the progress of its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada . The NICO Project is a development stage primary cobalt asset consisting of a planned mine, mill [...]
OTC Markets Group, operator of financial markets for 10,000 U.S. and global securities, is pleased to feature the following companies who attended the 2018 Vancouver Resource Investment Conference, focused solely on resource exploration, in its prominent OTCQX® Video Series. The series of one-on-one interviews with senior executives of OTCQX companies provides a snapshot of their respective businesses and investment [...]
RFP issued by Northwest Territories Government for Tlicho All-Season Road /STATES/ Issued Capital: 331,497,023 LONDON, ON, Dec. 15, 2017 /CNW/ - Fortune Minerals Ltd. announces that, further to its press release dated November 29, 2017, it has closed the previously announced $5,000,000 non-brokered private placement of units of securities of the Company pursuant to which 29,411,766 Units were issued. Fortune is also [...]