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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Fortune Minerals Ltd
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Post by DoasIsayon Oct 10, 2012 5:09pm
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Post# 20470601

Can someone verify this... 2016?

Can someone verify this... 2016?

Fortune Minerals plans to sell anthracite met coal to China, Vietnam

September 26, 2012 - 19:27 GMT Location: New York

Canada’s Fortune Minerals aims to sell its anthracite metallurgical coal to consumers in China and Vietnam once production starts at its Arctos Anthracite Project in British Columbia in 2016.

“However, mine start-up [will be] a simple PCI/sinter operation because it is a large [and] growing market with diverse customers around the world and declining exports from the traditional anthracite suppliers in China and Vietnam,” he said.

https://www.metalbulletin.com/Article/3094946/Fortune-Minerals-plans-to-sell-anthracite-met-coal-to-China-Vietnam.html

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