(96) stories found containing 'fortune minerals'

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Heavily mineralized rock with veining and orange, red, and purple colorization.

Ottawa backs Nico cobalt-bismuth project

NRCan funding will support a vertically integrated critical minerals supply chain that includes a mine in Northwest Territories and refinery in Alberta. Natural Resources Canada (NRCan) March 26 ann... — Updated 3/30/2024

 
 By Shane Lasley    In-depth
Molten gold pours into a bar mold at the Fort Knox mine.

Alaska mine value tops $4 billion in 2023

Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its... — Updated 3/12/2024 Full story

 
 By Rose Ragsdale    News
Map of the infrastructure near the Cabin Gold project in Northwest Territories.

Junior plans to sell Cabin Lake project

Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest... — Updated 1/17/2024

 
 By Shane Lasley    News
A large Cat mine truck, water truck, and dozer at the Manh Choh gold mine.

North of 60 Mining News 2023 Top 10

From breaking ground at Alaska's next gold mine to the advancement of North of 60 projects focused on delivering the metals needed for the transition of low-carbon energy, and an impressive safety... — Updated 1/17/2024 Full story

 
Helicopters deliver water to battle wildfires near Yellowknife.

Wildfires upset NWT mineral exploration

With a summer marred by unprecedented wildfires behind them, companies exploring the mineral-rich Northwest Territories are reporting impressive results from their 2023 programs. Seeking new deposit... — Updated 1/17/2024 Full story

 
Aerial view of the industrial site where Fortune plans to build a refinery.

Gov funding for Fortune's Nico project

Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in... — Updated 12/9/2023

 
 By Shane Lasley    News
Heavily mineralized rock with veining and orange, red, and purple colorization.

A fortunate bismuth-cobalt partnership

Rio Tinto, Fortune Minerals team up to recover critical minerals at Nico refinery in Alberta. To bolster the North American supply of critical minerals, global mining giant Rio Tinto and Canadian... — Updated 10/19/2023

 
Li-FT geologist standing atop pegmatite outcrop at Yellowknife Lithium project.

Canada's long-forgotten lithium province

Like many other northern regions, Canada's North was settled because of its mineral resources. When the Canadian Dominion Government first purchased its arctic regions from the British Crown in the... — Updated 10/19/2023

 
 By Shane Lasley    In-depth
Pin in a map north of Great Slave Lake in Canada’s Northwest Territories.

Yellowknife emerging as EV metals hub

The Northwest Territories capital city of Yellowknife is emerging as a northern link in North America's electric vehicle supply chain. Already home to Canada's only rare earths mine, a... — Updated 4/10/2023 Full story

 
Glove offers perspective of the much larger copper-rich rock discovered at Nico.

Fortune seeks critical mineral funding

Fortune Minerals Ltd. March 23 reported that it is in discussion with the Canadian, United States, and European Union governments to secure financial support for the development of the company's... — Updated 4/8/2023

 
The crest of a rocky hill overlooking Alianza Minerals' Haldane silver project.

Alianza preps 2023 exploration at Haldane

Alianza Minerals Ltd. Jan. 30 reported an outline of the drilling and exploration activities it has planned for the Haldane silver project in the historic Keno District in the Yukon. Located about... — Updated 2/8/2023

 
Stack of large gold bars from the Gil deposit at the Fort Knox Mine in Alaska.

Golden potential, critical opportunities

Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers hav... — Updated 2/2/2023 Full story

 
A colorful sunset paints the horizon orange at the Graphite Creek project in AK.

North to the critical mineral future

The increasing number of electric vehicles charged with renewable energy, connected to 5G networks, and boasting the computing power of 200 laptops to autonomously traverse global highways is... — Updated 1/20/2023 Full story

 
A Nechalacho ore sorter operator looks over bags of rare earths concentrates.

Minerals hunt in NWT turns 'critical'

Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international... — Updated 1/17/2023 Full story

 
Bre-X Minerals Ltd. former headquarters in Calgary, Canada.

The biggest Canadian gold hoax of all time

Start with the biggest deposit of gold ever reported, add in a dash of remote, inaccessible jungles of Indonesia, and let simmer for almost a decade, and you have a recipe for the largest... — Updated 1/5/2023 Full story

 
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 batteries... — 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 a mile (1.5... — 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 discovery in North... — 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 that includes... — 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 Territories. Nico... — 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 deposits in and... — 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 Peninsula and... — 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 and demandin... — 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 Territories.... — 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 controversial... — Updated 9/16/2021 Full story

 

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