Fortune Minerals Ltd.

Construction of all-season road to Whati to begin this year for anticipated completion in 2022  Fortune Minerals Ltd.  is pleased to report that the Government of the Northwest Territories has announced that it has signed the agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road to the community of Whati, Northwest Territories. Whati is located 50 kilometres south of Fortune's proposed NICO [...]

Proposed new primary Canadian cobalt mine to provide northern jobs and benefits while supporting the global transition to electric vehicles and energy use efficiency Issued Capital: 340,303,220  Fortune Minerals Ltd. is pleased to announce that it has entered into a Socio-Economic Agreement with the Government of the Northwest Territories for the proposed NICO Cobalt-Gold-Bismuth-Copper Project in Canada. The agreement [...]

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 [...]