Canadian Mining Journal


Fortune Minerals Limited


  • COBALT-GOLD: Fortune, Tlicho sign deal for NICO access road

    November 21, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., had the Tlicho government have signed an agreement supporting the NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The agreement details the conditions under which the mining company can build and operate

  • News

    COBALT: Price drop puts brakes on Fortune’s NICO project

    October 3, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – The recent fall-off of the cobalt price has Fortune Minerals thinking it will stick with the smaller proposed NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. In 2014, a feasibility study suggested a mine and concentrator to

  • News

    COBALT-GOLD: Ground broken for Tlicho all-season road that is boon to Fortune

    August 26, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – The ground breaking ceremony for the 97-km Tlicho all-weather road on Aug. 24 in the town of Whati. The new two-lane gravel road will connect to the territorial highway system to the town of Whati, replacing the

  • News

    COPPER: Fortune makes new discovery at NICO

    July 18, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., has made a new copper discovery at its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The new mineralization was exposed last spring in a pit excavated to provide aggregate for road

  • News

    COBALT-GOLD: Fortune offers four options for NICO

    June 6, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals is updating the 2014 feasibility study for its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. Hatch, P&E Mining Consultants and Micon International have been engaged to produce the new study Four scenarios are contemplated:

  • News

    COBALT-GOLD-BISMUTH: NWT government signs contract to build Tlicho Road

    February 14, 2019 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont. Says the Northwest Territories government has signed a contract for the building of the Tlicho all weather road to the community of Whati. The village is only 50 km south of Fortune’s

  • Feature

    New mines coming to Yukon, NWT and BC

    January 1, 2019 by Marilyn Scales

    Gold, copper, cobalt, silver, zinc, lead and bismuth producers on horizon

  • INFRASTRUCTURE: Tlicho all-season road near NICO project approved

    October 30, 2018 by Canadian Mining Journal

      LONDON, ON. — Fortune Minerals reports that the  governments of Canada and the Northwest Territories have accepted the environmental assessment approval for the modified Tlicho all-season road. The modifications were developed with the Tlicho government through a consultation process managed by

  • News

    COBALT-BISMUTH: Fortune says new tests result in cleaner cobalt concentrate from NICO

    September 17, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Based in London, Ont., Fortune Minerals says metallurgical tests have produced an upgraded, essentially arsenic free cobalt concentrate from the NICO cobalt-gold-bismuth-copper development project 160 km northwest of Yellowknife. Tests successfully removed more than 99% of the

  • Technology Metals Snapshot: Eight juniors step up to meet the tech-metal challenge

    July 18, 2018 by Trish Saywell, The Northern Miner

    The wider use globally of advanced technologies such as electric vehicles has led to a boom in juniors developing technology-metal assets, with an emphasis on lithium, cobalt, vanadium and rare earths. Here is a look at eight such juniors active

  • News

    COBALT-GOLD: Fortune updating NICO feasibility

    April 19, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is updating the 2014 feasibility study for its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The project is one of the few new cobalt mines that could be in production by

  • News

    COBALT-GOLD-BISMUTH: Tlicho all-season road given approval

    April 4, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., says the Mackenzie Valley Environmental Impact Review Board has recommended that the Tlicho all-season road be approved, subject to certain conditions. The road will stretch 97 km between the town of Whati