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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 Allmanon Nov 29, 2022 8:40am
119 Views
Post# 35136065

Korea &Canada hold ministerial talks on industry cooperation

Korea &Canada hold ministerial talks on industry cooperationThe Korea Ministry of Trade, Industry and Energy has specifically included cobalt in their Press Release. 

the Ministers have decided to kick their collaboration into high gear across the “critical minerals and materials- secondary batteries-EVs” value chain.
Accordingly, an intergovernmental critical minerals supply chain memorandum of understanding (MOU) is to swiftly follow the one signed among companies in September.
While bilateral trade has centered on bituminous coal, iron ore and such all-purpose minerals until now, the plan is to build a win-win relationship by expanding the future trade scope to nickel, cobalt and other critical minerals.

https://english.motie.go.kr/en/pc/pressreleases/bbs/bbsView.do?bbs_cd_n=2&bbs_seq_n=1135


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