Canadian Mining Journal

Fortune Minerals Limited

  • News

    COBALT-GOLD: Fortune mulls 20-30% bump in NICO output

    November 9, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is considering a 20% to 30% increase in the output from its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The 2014 feasibility study will be updated to an annual production of

  • INFRASTRUCTURE: Fortune applauds next step along road to Whati

    September 19, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is following closely the government decisions that are moving the Tlicho all-season road to the community of Whati toward construction. Fortune has received approval to build a spur road from Whati to

  • News

    Seven juniors hunting for battery minerals

    July 13, 2017 by Canadian Mining Journal

    The boom in electric vehicle manufacturing has translated into a lively subsector of junior explorers scouring the world for new deposits of lithium, cobalt, graphite and other minerals suited for use in emerging technologies. Here are seven such juniors: Avalon

  • News

    Mining People: Fortune Minerals, Kirkland Lake Gold, Metalla Royalty & Streaming, ML Gold, Monarques Gold and Orbite Technologies

    June 22, 2017 by Canadian Mining Journal

    Glen Koropchuk has been appointed technical director and chief operating officer at Fortune Minerals to lead development of the NICO cobalt, gold, bismuth and copper project. He is also a director of the company and has decades of global mineral

  • News

    NWT snapshot: Three advanced projects

    January 12, 2017 by Canadian Mining Journal

    Canada’s Northwest Territories is relatively remote, but endowed with mineral potential. Despite the region’s harsh winters and infrastructure deficit, the Northwest Territories hosts Canada’s largest and oldest producing diamond mines – Ekati and Diavik – and the newly minted Gahcho

  • Feature

    Fortune Minerals well positioned at NICO

    August 1, 2016 by Canadian Mining Journal

    Growing need for ‘energy metals’ keeps Fortune Minerals moving forward with shovel ready project.

  • News

    MINING PEOPLE: Fasken Martineau, Fortune Minerals, Mahdia Gold, Maverix Metals, and Quaterra

    April 21, 2016 by Canadian Mining Journal

    Fasken Martineau has welcomed Brian Graves as a partner in its Global Mining Group. His practice includes mergers and acquisition advice, finance securities law and cross-border transactions. He will work out the company’s Toronto office. Fortune Minerals of London, ON,

  • News

    GOLD-COBALT: Permitting underway for public highway near NICO project

    April 11, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – The government of the Northwest Territories Department of Transportation has submitted the requisite permit applications to the Wek’èezhìi Land and Water Board, to build a public highway to the community of Whati. The community is only 50

  • Feature

    Prospects and projects

    August 1, 2015 by Russell Noble

    For most companies working claims across Canada, the chances of moving from exploration into production are slim and more likely none, thanks to investors cocooning into a wait and see position.

  • News

    COAL: Fortune sells Arctos licences to BC Rail

    May 5, 2015 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Fortune Minerals of London, ON, and partner POSCO Canada have sold their joint venture interest in the Arctos anthracite project to BC Rail for the sum of $18.3 million. The deposit is located in the Klappan area, 150…

  • News

    COMMENT: Economic outlook in 2015 brightens for territories

    December 16, 2014 by Canadian Mining Journal Editor

    OTTAWA – The economic outlook for Canada’s territories looks bright in 2015, according to the latest Territorial Outlook published by the Conference Board of Canada.

  • News

    SILVER: Fortune raises $36M and rejigs the Revenue mine purchase

    August 20, 2014 by Canadian Mining Journal Editor

    COLORADO – Fortune Minerals of London, ON, has executed term sheets with Lascaux Resource Capital Fund to provide US$35 million to finance the acquisition of the remaining interest in the Revenue silver mine. Fortune will repay the amount…