(88) stories found containing 'Fortune Minerals'
Sorted by date Results 26 - 50 of 88
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 Canada... — Updated 10/28/2020 Full story
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 constructed... — Updated 9/26/2020
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 Thomas... — Updated 9/26/2020 Full story
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 coronavirus pandemic.... — 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 community of... — 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 Territories. A... — Updated 9/26/2020
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 Peninsula and... — Updated 9/26/2020 Full story
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 is about... — Updated 9/26/2020
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 from the co... — Updated 9/25/2020
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 construct... — Updated 9/25/2020
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 of Mining... — Updated 9/25/2020 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. Following... — Updated 9/25/2020
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 about 160 kil... — Updated 9/25/2020
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 Board of... — Updated 9/25/2020
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 from the Nico... — Updated 9/25/2020
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 for mid- to... — Updated 9/25/2020
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 cobalt-gold-bismuth-copper... — Updated 9/25/2020
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 the company... — Updated 9/25/2020
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 diamond... — Updated 8/14/2020 Full story
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 during the... — Updated 2/3/2018 Full story
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 resource... — Updated 2/3/2018 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. Following an... — Updated 1/24/2018
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 office... — 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 originating... — Updated 1/17/2016
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 expenditures in... — Updated 11/1/2015 Full story