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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

Comment by redon Mar 28, 2023 12:09pm
68 Views
Post# 35364757

RE:Fortune seeks critical mineral funding

RE:Fortune seeks critical mineral fundingThis budget could really be interesting.... and a game changer .... the right combination may bring an American partner to a near shovel ready project at FT 

from the FP 

"The mining sector was also discussed during U.S. President Joe Biden’s visit to Canada last week.

 

Throughout the visit, both Trudeau and Biden stressed how the partnership between the two nations have mutually benefited the countries. Towards the end of the tour, however, while discussing critical minerals, there seemed to be a difference in opinion.

When asked at a press conference whether his “Buy American” strategy would lead to some trade tensions between the two countries, Biden said that an increase in investment in the U.S. would only benefit Canadian businesses.

However, he also said: “Well, you guys — we don’t have the minerals to mine. You can mine them. You don’t want to produce — I mean, you know, turn them into product. We do.”
 

https://financialpost.com/commodities/mining/budget-2023-biden-comment-ottawa-ev-mining-boom

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