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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

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

Post by Allmanon Oct 13, 2022 8:43am
158 Views
Post# 35021736

Accelerating transition when current crisis slams brakes

Accelerating transition when current crisis slams brakes... Accessing government-guaranteed loans is becoming vital to developing projects, with countries such as the United States and Germany increasingly looking to secure minerals from countries deemed to be friendly, as opposed to authoritarian states such as China and Russia.
Participants at the conference also talked of changing how they market their projects, citing increasing interest from end users, such as vehicle manufacturers, in becoming involved in mining, as opposed to buying exclusively from intermediate stage processors as has been past practice. ...
It will take a concerted effort by governments, miners, end-users, and investors to work out a way to accelerate development, while still meeting ESG goals and being as close to carbon neutral as possible.


https://www.mining.com/web/column-how-do-you-accelerate-energy-transition-when-current-crisis-slams-the-brakes/
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