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(56) stories found containing 'fortune minerals'

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Road work reveals more copper at NICO

Fortune Minerals Ltd. July 18 reported the discovery of a new zone of copper mineralization at its NICO cobalt-gold-bismuth-copper project in Northwest Territories. This new zone, which... — Updated 7/26/2019 Full story

 

Fortune finds new option for Nico refinery

Fortune Minerals Ltd. April 23 reported it has entered into an option to purchase an undisclosed alternative site to construct the proposed refinery that would process metal concentrates... — Updated 4/26/2019 Full story

 

Rezoning for planned Nico refinery denied

Fortune Minerals Ltd. March 26 reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan has rejected the company's application for rezoning required to... — Updated 3/29/2019 Full story

 
 By Shane Lasley    News
Fraser Institute Survey of Mining Companies 2018 Alaska BC Yukon NWT Nunavut

AK, Canada's North shine in mining survey

When it comes to attracting mining investment, Alaska, British Columbia and all three Canadian territories rank among the top 20 jurisdictions in the world on the Fraser Institute Survey... — Updated 3/15/2019 Full story

 

NWT awards contract to build Tlicho Road

Fortune Minerals Ltd. Feb. 14 reported that the Government of the Northwest Territories has signed an agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road.... — Updated 2/22/2019 Full story

 
Fortune Minerals cobalt bismuth mine project Tlicho area Northwest Territories

Nico pact addresses mine impacts, benefits

Fortune Minerals Jan. 30 announced that it has entered into a socioeconomic agreement with the Northwest Territories government for the proposed Nico cobalt-gold-bismuth-copper project ab... — Updated 2/8/2019

 
 By Shane Lasley    News
Canada Territorial economic outlook, gold mines drive growth Nunavut

Mines drive growth across Canada's North

New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference... — Updated 11/30/2018 Full story

 
Mining Explorers 2018 Northwest Territories NWT mining and mineral exploration

Explorers guard 2018 spending

Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources... — Updated 3/1/2019 Full story

 
Gold bismuth cobalt copper project in Northwest Territories NWT

Fortune refines new opportunity for Nico

Fortune Minerals Ltd. Sept. 17 reported successful results from metallurgical test work aimed at verifying an upgraded and essentially arsenic-free cobalt concentrate can be produced... — Updated 9/28/2018

 
 By Rose Ragsdale    News
NWT mining mineral exploration outlook, challenges opportunities

Territory stumbles in race for riches

Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise... — Updated 8/17/2018 Full story

 
Cobalt mine refinery Northwest Territories, Saskatchewan

Fortune readies Nico for development

Fortune Minerals Ltd. July 11 is pleased to provide an update on the progress of environmental work and rezoning efforts needed to support construction of the Nico cob... — Updated 7/20/2018 Full story

 
 By Shane Lasley    News
Trilogy Metals' Bornite copper cobalt deposit Northwest Alaska

Bornite cobalt resource weighs in at 77M lb

The Bornite deposit at Trilogy Metal Inc.'s Upper Kobuk Mineral Projects in Northwest Alaska contains 77 million pounds of cobalt, according to a maiden resource estimate published by... — Updated 6/15/2018 Full story

 

Road funds good news for Nico cobalt project

Fortune Minerals Ltd. Jan. 12 reported federal funding for the construction of an all-season road to Whati, a Northwest Territories community about 50 kilometers (30 miles) south of Fortune's Nico cobalt-gold-bismuth-copper project.... — Updated 1/24/2018

 

Mining Explorers 2016: Unlocking mineral potential in NWT

As the summer’s midnight sun gives way to aurora-filled winter night skies, seasons are once again changing in Canada’s Northwest Territories. And, much like the seasons, our... — Updated 2/3/2018 Full story

 
 By Shane Lasley    News

Mining Explorers 2016: Unlocking NWT's potential

While most mining jurisdictions have seen sharp drops in mineral exploration spending, such investments in Northwest Territories has largely held steady at about C$100 million annually... — Updated 2/3/2018 Full story

 

Former NWT Minister Ramsay joins Fortune board

Fortune Minerals Ltd. April 18 announced the appointment of former Northwest Territories minister David Ramsay to its board of directors. Ramsay has more than 20 years of elected public... — Updated 4/24/2016

 

Fortune produces battery grade cobalt from Nico concentrates

Fortune Minerals Ltd. Jan. 8 reported that battery-grade cobalt sulfate heptahydrate has been produced from a cobalt sulfate product previously mined in a pilot plant from concentrates... — Updated 1/17/2016

 
 By Shane Lasley    News

Mining Explorers 2015: NWT exploration dips sharply

Mineral exploration spending in Northwest Territories dipped sharply in 2015. While the final numbers are not in, Natural Resources Canada predicts exploration and deposit appraisal... — Updated 11/1/2015 Full story

 

Fortune loses Revenue, holds Nico

Fortune Minerals Ltd. July 17 said it has reached a two-stage restructuring agreement with LRC-FRSM LLC (Lascaux) and its other secured creditors to settle its secured debt obligations.... — Updated 7/26/2015

 

BC pays C$18M for Arctos licenses

Fortune Minerals Ltd. and POSCO Canada Ltd. May 5 announced the completion of an agreement with the British Columbia government, under which the British Columbia Railway Company has... — Updated 5/10/2015

 
 By Curt Freeman    News

Rumors of mining's demise are premature

The nearer your destination, the more you slip sliding away." As 2014 quickly slip-slides away, these normally melancholy lyrics by Paul Simon take on a surprisingly upbeat meaning for... — Updated 12/21/2014 Full story

 
 By Rose Ragsdale    News

Diamonds remain territory's best friend

Thanks to recent progress in development of several major projects in 2014, the outlook for diamond mining in Northwest Territories is suddenly a lot brighter. This is especially good news for the territory's mining industry, which is... — Updated 12/21/2014 Full story

 
 By Rose Ragsdale    News

Mining Explorers 2014: Diamonds draw industry interest

After ushering in devolution in concert with implementing the first phase of a well-reasoned mineral development strategy, the Northwest Territories is eager to attract new mineral resource investment in 2014 in hopes of building on an... — Updated 11/2/2014

 
 By Rose Ragsdale    News

Mineral-rich territory seeks explorers

With devolution around the corner and a well-reasoned mineral development strategy in place, government and industry officials in Northwest Territories are making a concerted effort to alert the world to the mineral resource and... — Updated 1/26/2014

 
 By Rose Ragsdale    News

Mining Explorers 2013: Rich resources spur project investment

Northwest Territories continued to benefit in 2013 from a recent surge of exploration interest. A vast expanse of mountains, forests and tundra that is roughly two-thirds the size of Alaska, the territory covers 1.17 million square... — Updated 11/3/2013

 

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