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Fortune Minerals Limited. T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
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

Fortune Minerals Limited. > Ambition without action makes for empty economic promises
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Post by Allmanon Sep 26, 2023 8:40am
143 Views
Post# 35654078

Ambition without action makes for empty economic promises

Ambition without action makes for empty economic promisesInteresting stat ...
 since 2005, only four new critical minerals mines have opened in Canada. According to the government’s own data, if Canada is to fully support domestic EV battery production, it needs to open new mines for critical minerals five times faster than it currently does – in other words, it needs to open more than 20 new mines by 2035. ...

The private sector is ready to act but is currently stuck in a holding pattern, waiting for government to cut through the self-imposed red tape and lead. And what better time is there than now, in the last sitting days of 2023, to put some action behind that ambition.

https://www.theglobeandmail.com/business/commentary/article-ambition-without-action-makes-for-empty-economic-promises/
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