May 25, 2014

Tesla’s Gigafactory: Needs 6 new graphite mines, but where will cobalt be sourced?

The electric motor company's plans to double the globe's battery output will up graphite demand 152%, but sourcing cobalt outside the Congo could prove difficult.

May 5, 2014

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.

April 24, 2014

INFOGRAPHIC: Quick primer on cobalt and batteries

By 2020, cobalt used in rechargeable batteries for everything from cellphones to cars could be greater than today's total global refined market.

April 4, 2014

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…

March 24, 2014

A revolution in industrialization is underway

Cobalt is considered a ‘technology enabling’ substance as its at the forefront of technological developments and innovation.

February 25, 2014

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.

February 12, 2014

Cobalt market may see more changes in 2014

With 2013 behind us, the cobalt market will reflect on a year that saw minimal price movement despite a number of significant developments.

February 11, 2014

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.

January 27, 2014

DRC mining billionaire turns 29,900% profit on oil deal

Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.

January 8, 2014

At least 26 killed in attack on Congo’s mining hub

The Mai Mai Kata Katanga separatist militia attacked the city of Lubumbashi, in the copper-rich southeast province of Katanga.