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(81) stories found containing 'fortune minerals'

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Cobalt is a transition metal between iron and nickel on the periodic table.

Critical cobalt overshadowed by lithium

Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion... — Updated 9/20/2022

 
 By Rose Ragsdale    News
Sixty North CEO David Webb and director Brian Malahoff at Mon property.

Junior explores nickel, cobalt showing

Sixty North Gold Mining Ltd. reported July 11 that crews moved onto its Mon Gold property in late June and began mapping and sampling a recent nickel and cobalt discovery situated about... — Updated 8/11/2022

 
Multimillionaire Charles “Chuck” Fipke, holding a bag of samples.

Sky-high success, feet firmly on the ground

It all began in 1991, when geologists Charles E. Fipke and Stewart Blusson found 81 small diamonds at Lac de Gras in Northwest Territories, Canada, marking the first diamond pipe... — Updated 7/21/2022 Full story

 
 By Shane Lasley    In-depth
A Nechalacho ore sorter operator looks over bags of rare earths concentrates.

NWT mining future takes a critical turn

Rare earths from the Nechalacho Mine being delivered into the supply chain marks the opening of a new critical minerals chapter in the story of mining in Northwest Territories – a saga... — Updated 7/7/2022 Full story

 
Stockpiles at the Nico critical minerals mine project in Canada.

Fortune drills expansion targets at Nico

Fortune Minerals Ltd. April 20 reported that its 2021 drilling cut strong cobalt-gold-bismuth mineralization in the Peanut Lake zone on its Nico project in Canada's Northwest... — Updated 4/21/2022

 
Northwest Territories NWT Canada Mining Explorers 2021 Data Mine North magazine

Signs of NWT mineral exploration revival

Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold... — Updated 1/26/2022 Full story

 
BSNC Bering Straits Native Corporation ANCSA Alaska Native Claims Settlement Act

Bering Straits lies on the edge of tomorrow

Home of the famed golden beaches of Nome that has captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward... — Updated 1/6/2022 Full story

 
North of 60 Mining News History evolution civilization Bronze Age tools mining

Engine of civilization, fueled by mining

With such incredible technologies at mankind's disposal today, it is easily forgotten the ingenuity and sheer gumption that our predecessors brought to solving some of the more rigorous a... — Updated 10/29/2021 Full story

 
Fortune Minerals Northwest Territories Canada cobalt Nico project DRC map

Fortune tests five Nico expansion targets

Fortune Minerals Ltd. Sept. 23 announced the start of a 3,000-meter resource expansion and exploration drill program at its Nico cobalt-copper-bismuth-gold project in Canada's Northwest T... — Updated 9/30/2021

 
Critical Minerals Alliances cobalt DRC First Cobalt Tesla EV electric vehicle

Solving the critical cobalt conundrum

The envisioned green future where every North American is driving a battery-powered electric vehicle charged with renewable energy could be undermined by cobalt, a somewhat scarce and con... — Updated 9/16/2021 Full story

 
history Canada Northwest Territories Yellowknife City First Nations mining

The only city in Northwest Territories

Far to the north lies the second largest of Canada's three territories, simply named the Northwest Territories, and within this vast region of more than 400,000 square miles lies its... — Updated 4/29/2021 Full story

 
Fortune Minerals Nico project Northwest Territories 2021 drill program map

Fortune drilling to test for Nico expansions

Fortune Minerals Ltd. March 17 reported that geophysics carried out last fall has identified five high-priority drill targets for this summer's drill program at the company's Nico... — Updated 3/25/2021

 
Tlicho Road Colomac project Nighthawk Gold Indin Lake Northwest Territories map

Tlicho Road on pace for fall completion

Nighthawk Gold Corp. March 11 reported that the Tlicho Road connecting the community of Whati, Northwest Territories to Highway 3 remains on pace to be completed this fall. Being... — Updated 3/11/2021

 
Mining Explorers 2020 Northwest Territories Gold Terra Rio Tinto Dominion

NWT miners clear 2020 hurdles

For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the... — Updated 1/28/2021 Full story

 
 By Rose Ragsdale    News
Gold Terra Resource Caroline Wawzonek BNT Gold Resources StrategX Elements

Government offers more mining incentives

As 2020, arguably the most calamitous year for northern mining in decades, drew to a close, the Government of Northwest Territories took the unusual step of topping up its annual mining... — Updated 1/18/2021 Full story

 
 By Rose Ragsdale    News
Nico copper cobalt bismuth gold mine project NWT

Fortune resumes exploration near Nico

More than six years after turning its attention to advancing to production the world-class mineral reserves of its Nico project in Northwest Territories, Fortune Minerals Ltd. is again... — Updated 10/1/2020

 
Copper gold bismuth cobalt outcrop Peanut Lake Nico NWT

Fortune seeks eastern extensions of Nico

Fortune Minerals Ltd. Sept. 3 announced the start of a geophysical program to further delineate expansion drill targets east of the company's Nico gold-cobalt-bismuth-copper deposit in... — Updated 9/26/2020

 
Nico cobalt bismuth copper gold mine project Northwest Territories

Fortune to investigate Nico gold targets

Fortune Minerals Ltd. Aug. 10 announced it is gearing up for an exploration program focused on gold targets on its Nico cobalt-gold-bismuth-copper project in Northwest Territories. A 2014... — Updated 9/26/2020

 
Nighthawk Colomac exploration camp Indin Lake gold property NWT

Tlicho Road restart great news for NWT

Resumption of construction of the Tlicho all-season road is good news for Colomac and Nico, two mineral exploration projects in Canada's Northwest Territories. The Tlicho Road is being... — Updated 9/26/2020

 
 By Shane Lasley    News
Novagold VP Hennessey CEO Lang Chairman Tom Kaplan NYSE Bell

Gold is Holy Grail of resource investing

As the largest shareholder and chairman of Novagold Resources Inc., a company that owns 50% of the 39-million-ounce Donlin Gold project in Alaska, it is natural for New York billionaire... — Updated 9/26/2020 Full story

 
Mineralization in road cut at Nico copper gold bismuth copper mine project NWT

New plan for NWT critical metals project

Fortune Minerals Ltd. May 7 announced that it continues to make progress on a new mine plan for its Nico cobalt-gold-bismuth-copper project in Northwest Territories during the... — Updated 9/26/2020

 

Pact moves NICO closer to road system

Fortune Minerals Ltd. Nov. 21 announced it has signed an agreement with the Tlicho First Nation for building a road that connects the NICO cobalt-gold-bismuth-copper project to the... — Updated 9/26/2020

 

Fortune opts not to enlarge Nico mill

Fortune Minerals Ltd. Oct. 3 reported that current cobalt markets do not support the idea of developing a larger mine at its Nico cobalt-gold-bismuth-copper project in Northwest... — Updated 9/26/2020

 
 By Shane Lasley    In-depth

Bering Straits – On the edge of tomorrow

Home of the famed golden beaches of Nome that have captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward... — Updated 9/26/2020 Full story

 

Bumpy ride ahead for NWT mining

While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three... — Updated 8/14/2020 Full story

 

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