Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) announces that Hatch Ltd. (“Hatch”) and Micon International Limited (“Micon”) have been engaged to update the Feasibility Study for the NICO Cobalt-Gold-Bismuth-Copper Project. Hatch has also been retained to conduct additional engineering work. The vertically integrated NICO Project consists of a planned mine
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has closed its previously announced short form prospectus offering (the “Offering”) of units (the “Units”) of the Corporation with Cormark Securities Inc. (the “Underwriter”), acting as underwriter, on a bought deal basis. The Company has issued 25,800,000
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has filed amended and restated financial statements (together in each case with an amended corresponding management’s discussion and analysis) for the year ended Dec. 31, 2015, the quarter ended March 31, 2016, the quarter ended June 30, 2016, and the quarter ended Sept.
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. (the “Underwriters”), which has agreed to purchase, on a bought deal basis, 20 million units of Fortune (the “Units”) at a purchase price of $0.25 per Unit (the
It’s possible that amendments to the conflicts minerals section of the act could be coming.
Alphamin Resources Corp. (TSXV:AFM) (“Alphamin” or the “Company”) is pleased to announce that it has completed the Front-End Engineering Design (“FEED”) and Control Budget Estimate (“CBE”) for its 80.75% owned Bisie Tin Project (“Bisie” or the “Project”) in the Democratic Republic of Congo.
Increase in proven and probable reserves to 4.67
Apple, HP, Samsung SDI, and Sony have joined an effort known as the Responsible Cobalt Initiative, led by the Chinese Chamber of Commerce for Metals, Minerals & Chemicals, and supported by the Organization for Economic Cooperation and Development (OECD).
Mining in countries that are more politically stable is becoming an attractive policy, and investors may start to look outside of the DRC for its cobalt resources as cobalt demand for batteries amps up. Here we profile five cobalt producers outside of the DRC.