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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

Comment by redon Dec 23, 2022 8:00am
113 Views
Post# 35189036

RE:The disturbing reality of cobalt mining for rech. batteries

RE:The disturbing reality of cobalt mining for rech. batteries

I think it's pretty clear that at some point this will come to fruition by the marketing Departments of those who choose to use sources other than DRC and it will be a good play to watch the "battle of the batteries " as they play on the general public. It will be a smart move and help some manufacturers justify higher prices. 


in our case and it been said a thousand times ... there is a price to be Canadian ! 

Meery Christmas to all here on the BB and all the best in the new year. 

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