Fortune Minerals Limited Mining News

Northwest Territories government signs contract to build Tlicho Road

Fortune will undertake the construction of a road from the mine site to Whati, a village is only 50 km south of Fortune’s NICO mill project.

Fortune Minerals commits to hire locally at Canada’s first primary cobalt mine

Company has signed a socio-economic agreement with the government of the Northwest Territories.

Fortune Minerals announces appointment of former Minister David Ramsay to the Board of Directors

Rebuilding team for NICO development as public highway to Whati & cobalt market advance

Fortune Minerals and POSCAN complete sale of Arctos coal licenses to BC Rail

The AAJV partners maintain the exclusive right to purchase back the coal licenses at the same price for a 10-year option period. If both partners do not wish to exercise the repurchase option, each of them may do so individually.

Another setback for Canadian met coal mine in Tahltan territory

The government of Canada's British Columbia, has hit the pause button on a high-grade anthracite coal mine proposed by Fortune Minerals Limited in the northwest part of the province.

Fortune Minerals reports Q1 results

The company is currently waiting for its Land Use Permit and Class A Water License from the Wek'èezhìi Land and Water Board of the Northwest Territories.

Global electric car company could source cobalt from new Langham, Saskatchewan facility

Car maker Tesla prefers suppliers in North America for its $5 billion lithium-ion battery "gigafactory" in the southwest US which could provide a boost for Fortune Minerals proposed refinery near Saskatoon .

Canada must open mining to First Nations to remain competitive— study

Canada should allow more private ownership of mineral rights, particularly from First Nations, says the Fraser Institute latest report.

VIDEO: Fortune Minerals makes headway on permits; aboriginal opposition unresolved

If all goes as planned, junior miner Fortune Minerals will operate three projects in Canada in the foreseeable future.

Fortune Minerals gets conditional environmental approval for Saskatchewan processing plant

The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.

Mining in Canada’s B.C. remains strong, but facing labour, indigenous issues

B.C. saw several projects expand, as well as new mines to begin construction, which drove job creation. But mining also faced opposition and labour shortage.

Aboriginal company buys Fortune Minerals' property

On route to becoming the country's first aboriginal-owned company to operate a mine.

Fortune Minerals moving to peacefully resolve Arctos coal disturbance

"It is our sincere hope that this show of good faith by Fortune will help bring resolution to issues at and near our Arctos project site including any protests."

Fortune Minerals planning to mine huge anthracite coal deposit in BC

One of the largest metallurgical coal deposits on earth could soon be producing coal for export, thanks to London, Ontario-based Fortune Minerals Limited (TSX-FT). Fortune recently signed a joint venture agreement with POSCO, the third largest steelmaker, whereby POSCO will pay 20% of the capital costs in developing Fortune's Mount Klappan anthracite coal deposit, located in northwest British Columbia, Canada

Fortune Minerals Announces Appointments for Senior Metalurgist and SMPP Permitting Consultant

Fortune Minerals Limited is pleased to announce the appointment of Mr. Jared Orynik, P.Eng, as Senior Metallurgist for the Company's proposed Saskatchewan Metals Processing Plant to be built near Langham, 30 km west of Saskatoon. […]