(96) stories found containing 'Fortune Minerals'
Sorted by date Results 51 - 75 of 96
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
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
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 ind... — Updated 2/3/2018
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
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. In early... — 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 purchased 61... — Updated 5/10/2015
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 Alaska's... — Updated 12/21/2014
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 largely... — Updated 12/21/2014
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 uptick in... — Updated 11/2/2014
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 investment... — Updated 1/26/2014
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 kilometers... — Updated 11/3/2013
Fortune advances two projects in tandem
Fortune Minerals Ltd. is advancing two mineral projects involving three different jurisdictions of Canada and doing much of it with the same timeframe. On the heels of development of its Nico gold-cobalt-bismuth-copper project in Northwest... — Updated 2/24/2013
Territory sees spurt in mining activity
A challenging economic climate in 2012 failed to impede growth in mining activity in Northwest Territories. As miners struggled to fund their work programs, numerous companies managed to plow ahead in the wake of regulatory improvements, advancing... — Updated 12/30/2012
Mining Explorers 2012: Mining powerhouse keeps pace
British Columbia in 2012 continued to exhibit its strength as the mining and exploration powerhouse of the North American Cordillera. The Canadian province's wealth of mineral potential is the result of geological phenomena that also created the... — Updated 11/11/2012
Mining Explorers 2012: Mining remains key to NWT's future
The Northwest Territories has been closely linked with the mining industry ever since B.A. Blakeney, a prospector on his way to the Klondike, staked the first gold mining claim here in 1898. And although the focus has shifted from gold to... — Updated 11/11/2012
Mining Explorers 2012: Slow, steady growth marks 2012
Northwest Territories, a vast expanse of mountains, forests and tundra, has been slower to experience the surge in mineral exploration and development activities that has swept across Yukon Territory and Nunavut in recent years. But the mining... — Updated 11/11/2012
Will rush to Yukon spill into Alaska?
Is the "Yukon Gold Rush" about to spill into Alaska? Since the 1896 discovery of gold on the aptly named Bonanza Creek sparked a stampede of fortune seekers to the rivers and streams of the... — Updated 11/20/2011
Mining Explorers 2011: NWT: A treasure house of opportunity
The vast landscape of the Northwest Territories is blessed with an abundance of resources. It is a land filled with opportunity, and much of the mineral wealth remains untapped. Mineral explorers and producers are making best efforts to unlock... — Updated 11/6/2011
Mining boom could be just the beginning
Thanks to rising revenue, exports, production and prices, the mining industry in British Columbia is racing toward a potential record year for exploration, development and production activity. The province's mining boom is being fueled by the... — Updated 7/31/2011
2010 Mining Explorers: Back in production in 2010
When I wrote a first editorial for Mining Explorers last year, it was on the occasion of Nunavut celebrating its first 10 years as a separate territory, and so it was fitting to review some of the accomplishments of the decade. Now, as we enter... — Updated 10/31/2010
2010 Mining Explorers: Gold, other explorers work projects
Diamonds continued to dominate mining production in Northwest Territories in 2010, but other hardrock mineral projects led most of the mineral exploration activity during the year. Yet 2010 is shaping up to be a year of recovery for nearly all of... — Updated 10/31/2010