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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 > Tłı̨chǫ Mining Meetings with Fortescue a Strategic Success
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Comment by Allmanon Oct 31, 2024 9:22am
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Post# 36290380

RE:Tłı̨chǫ Mining Meetings with Fortescue a Strategic Success

RE:Tłı̨chǫ Mining Meetings with Fortescue a Strategic SuccessWho knows if there's more to it with Fortescue but that's all sheer speculation based on the crumbs of indeterminate information out there. Nevertheless, it gets one wondering ... 

Fortescue founder and executive chair Andrew Forrest has announced the company will “rapidly” expand its US presence as a direct result of the Inflation Reduction Act (IRA). 

https://www.australianmining.com.au/fortescue-bolstered-by-ira/

Fortescue Capital is committed to advancing global decarbonization and energy transition products  and projects, and Fortescue will provide significant equity commitments to meaningfully derisk transactions and place in position for investment partners.

https://capital.fortescue.com/en/about
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