Canadian Mining Journal


Fortune Minerals Limited


  • News

    COMMENT: Economic outlook in 2015 brightens for territories

    December 16, 2014 by Canadian Mining Journal Staff

    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 Staff

    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…

  • News

    SILVER: Fortune discloses PEA for Revenue mine

    July 28, 2014 by Canadian Mining Journal Staff

    COLORADO – In May this year London, ON-based Fortune Minerals made its first foray into the United States with the purchase of the operating Revenue silver-gold-lead-zinc mine 490 km southwest of Denver. Now the company has completed a…

  • News

    SILVER: Fortune Minerals to buy Revenue mine in Colorado

    May 12, 2014 by Canadian Mining Journal Staff

    COLORADO – Fortune Minerals of London, ON, has completed the first stage of purchasing the recently reopened Revenue silver mine in the southwest part of the state from a private vendor. The acquisition will be made in stages, with the…

  • News

    GOLD-COBALT: Fortune updates NICO economics

    April 2, 2014 by Canadian Mining Journal Staff

    NORTHWEST TERRITORIES – Micon has completed the updated feasibility study for the NICO gold-cobalt-bismuth-copper project using lower commodity prices. The project, located 160 km northwest of Yellowknife, is 100% owned by Fortune…

  • News

    GOLD-COBALT: Fortune’s hydromet plant gets environmental okay

    February 11, 2014 by Canadian Mining Journal Staff

    SASKATCHEWAN – Fortune Minerals of London, ON, has received environmental approval for its Saskatchewan metals processing plant (SMPP), the hydrometallurgical facility that will refine concentrates from the NICO gold-cobalt-bismuth-copper…

  • News

    GOLD-COBALT: Fortune receives interim permit for NICO site work

    January 9, 2014 by Canadian Mining Journal Staff

    NORTHWEST TERRITORIES – Fortune Minerals of London, ON, has received the staging (interim) land use permit for the NICO mine from the Wek’èezhìi Land and Water Board. The mine site is 160 km northwest of Yellowknife, near…

  • News

    B.C. suspends coal mining

    December 17, 2013 by Canadian Mining Journal Staff

    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 Staff

    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 Staff

    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 Staff

    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 Staff

    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…