Canadian Mining Journal


Fortune Minerals Limited


  • News

    B.C. suspends coal mining

    December 17, 2013 by Canadian Mining Journal Editor

    VICTORIA, BC: According to a release by The Canadian Press, the granting of new coal mining rights has been frozen for a year in the Klappan, an area of north-west B.C. considered sacred by the Tahltan First Nation.

  • News

    CONTRACT: Hatch to do NICO detailed engineering and design

    November 18, 2013 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has awarded the detailed engineering and design contract for its NICO gold-cobalt-bismuth-copper project 160 km northwest of Yellowknife to Hatch Ltd. The contractor will address…

  • News

    COAL: Fortune pulls back from Arctos project

    September 24, 2013 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Protests have plagued the Arctos coal project 165 km northeast of Stewart since August. Now owner Fortune Minerals of London, ON, is taking the unusual step of voluntarily cutting its summer field program short and…

  • Feature

    Construction to begin next year at Fortune’s NICO mine

    September 1, 2013 by Canadian Mining Journal Editor

    It’s been a long 17 years since the discovery of the NICO gold-cobalt-bismuth-copper deposit by Fortune Minerals Limited of London, ON, but the company has finally received approval to put more than a hammer and drill into the ground at…

  • News

    GOLD-COBALT-BISMUTH: Tlicho, federal government approve NICO mine and mill plans

    July 22, 2013 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has received approval for its NICO gold-cobalt-bismuth-copper mine and mill from the Tlicho government as well as from the Hon. Bernard Valcourt, federal minister of Aboriginal…

  • News

    COAL: Fortune begins summer program at Arctos

    July 16, 2013 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Fortune Minerals (80%) of London, ON, and POSCO Canada (20%) have begun the environmental assessment of their Arctos anthracite coal project 150 km northeast of Stewart. The final EA is expected to be filed in 2014 with…

  • News

    GOLD-COBALT: Tlicho land access permit granted for NICO development

    July 4, 2013 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Fortune Minerals Limited has received the Tlicho land access agreement for its NICO gold-cobalt-bismuth-copper project 160 km northwest of Yellowknife. This is one of the first permits issued under the Tlicho…

  • News

    INVESTMENT: Chinese take interest in Fortune’s NICO project

    July 2, 2013 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has put the word out that the Chinese have made a strategic investment in the company. Procon Resources, the Vancouver-based mining contractor in which China CAMC Engineering has a…

  • ENVIRONMENT: MVRB okays Fortune’s NICO mine and mill

    January 28, 2013 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – The Mackenzie Valley Review Board (MVRB) has recommended approval of the NICO gold-cobalt-bismuth-copper mine belonging to Fortune Minerals of London, ON. The board concluded that a full environmental review is not…

  • News

    MINING PEOPLE: Canyon Copper, Fortune Minerals, Mine Radio Systems, Moneta, and Premier Gold

    December 5, 2012 by Canadian Mining Journal Editor

    Mine Radio Systems of Goodwood, ON, is spreading the news that VP engineering Wisam Farjow recently completed his PhD in electrical and computer engineering from Ryerson University. He successfully defended his thesis on cross layer…

  • News

    COAL STUDY: Reserves, mine life up for Arctos (Mount Klappan) project

    October 15, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The updated feasibility study for the Arctos anthracite project 150 km northeast of Stewart boasts more reserves, a longer mine life and expansion potential compared to earlier studies. The property is 80% owned by…

  • News

    NEW NAME: Arctos Anthracite project new name for Mount Klappan

    August 21, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Fortune Minerals of London, ON, has announced that the new name for the Mount Klappan metallurgical coal project is the “Arctos Anthracite project”. Fortune says the new name more accurately reflects the…