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By Shelly Kumar
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) reports that the Government of the Northwest Territories (“GNWT”) has recently announced completion of another milestone toward construction of the Tlicho All-Season Road (“TASR”) to the community of Whati. GNWT Minister of Finance, Robert C. McLeod, stated in March 2017 that, “Construction of the Tlicho All-Season Road is a priority
By Shelly Kumar
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to provide an update of activities for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada. NICO is a vertically integrated development consisting of a planned mine and concentrator in the Northwest Territories and refinery near Saskatoon where concentrate will be processed to battery grade cobalt sulphate, gold, bismuth metal and
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that Mr. Glen Koropchuk has been appointed to the position of Technical Director and Chief Operating Officer (“COO”) to lead development of the NICO Cobalt-Gold-Bismuth-Copper Project. Mr. Koropchuk, who is also a director of the Company, has decades of global
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) reports that the nominees listed in the management information circular for the 2017 Annual and Special Meeting of shareholders held on June 21, 2017 (the “Meeting”) were elected as directors of Fortune. Detailed results of the vote for the election of directors are
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
There are four main types of coal: lignite, sub-bituminous, bituminous and anthracite. Here’s a look at their characteristics and uses.
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 agreed with Cormark Securities Inc. (the “Underwriter”) to increase the size of the bought deal offering of units, announced on February 15, 2017, by 2,800,000 units ($700,000 ) to 22,800,000 units (“Units”) of the Company at
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
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has engaged PricewaterhouseCoopers Corporate Finance Inc. (PwCCF) as the company’s financial adviser to help secure financing for construction of the Nico cobalt-gold-bismuth-copper project in Canada. PwCCF has a global network of more than 2,500 professionals across 60 countries to provide in-depth execution and
Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has provided an update. The government of Canada, the government of the Northwest Territories (GNWT) and the Tlicho government have jointly announced federal funding for the construction of the Tlicho All-Season Road (“TASR”) to the community of Whati (See January 11, 2017 news
By Vivien Diniz
Stephen Riddle, CEO of Asbury Graphite Mills Inc., has been in the business long enough to have seen companies come and go, sometimes more than once. He brings a realist’s perspective to this Mining Report interview, and explains the questions he asks himself, as an investor, at each stage of
In the final chapter of the Coal 101 series, an overview of sub-bituminous coal is presented.
As natural gas prices in Asia continue to rise, more investors are shifting their attention to coalbed methane, a commodity with characteristics similar to conventional natural gas.
