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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. Fortune also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.


TSX:FT - Post by User

Post by redon Sep 09, 2021 8:26am
121 Views
Post# 33830137

In case some missed this …

In case some missed this …

Can the Canadian Chamber of commerce force the dismal array of federal leadership candidates to show and tell how they intend to bring Canada into the fold? Given the trends Is mining and resources development...especially BMs and Cms, a talking point ? 


The Canadian Chamber of Commerce wants federal leaders to get serious about making critical minerals a fundamental part of North America’s economic recovery.

The Canadian Chamber of Commerce wants federal leaders to get serious about making critical minerals a fundamental part of North America’s economic recovery…The chamber says Canada is missing a “major opportunity” to be a world power in producing the minerals and rare-earth elements that power everything from cellphones to electric cars…It says critical minerals must also be at the core of any successful strategy to transition to a low-carbon economy and mitigate the impact of climate change…But so far, Canada’s federal election campaign has been devoid of any serious discussion about capitalizing on the country’s rich reserves of critical minerals and rare-earth metals…The chamber wants to see detailed plans for expanding domestic production, fortifying supply chains and partnering with the United States, where demand is already soaring…“Canada urgently needs a trade and economic strategy for our own critical mineral deposits,” the chamber warns in a statement to be released Thursday. “Failing to prepare is preparing to fail.”…In 2019, the U.S. State Department and Bureau of Energy Resources established a multilateral initiative aimed at ensuring reliable supply chains for critical minerals. Canada signed on and established a so-called joint action plan with the U.S. early in 2020… “The importance of strengthening trusted and sustainable critical mineral supply chains and reducing our dependence on China is growing for both Canada and the United States,” the chamber says. “Building our domestic production capacity will strengthen both cross-border supply chains and our national security. It will also reduce our vulnerability to supply shortages in times of crises like COVID-19.”


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