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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 > Rio Tinto progresses the development of a gallium extraction
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Post by Allmanon Dec 13, 2024 12:58pm
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Post# 36361296

Rio Tinto progresses the development of a gallium extraction

Rio Tinto progresses the development of a gallium extractionRio Tinto is venturing deeper into Canadian critical minerals. Too bad their news release today only implicitly mentions work being done with Fortune Minerals - we'll have to wait for another day's news release.

"In addition to aluminium, copper, iron ore and titanium dioxide, Rio Tinto already produces a wide range of critical minerals in its North American facilities, including scandium used in aluminium alloys, tellurium for solar panels and molybdenum for steel alloys. Other research and development initiatives are ongoing to evaluate the possibility of extracting new materials from the company’s existing operations."

https://www.riotinto.com/en/news/releases/2024/rio-tinto-progresses-the-development-of-a-gallium-extraction-process-in-quebec
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