Fortune Minerals Limited

Fortune Minerals Limited is a North American development stage mining company and past producer. Fortune is currently focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that the Company plans to construct in Saskatchewan. The products that will be produced at the refinery include cobalt chemicals used to make high performance rechargeable batteries, bismuth metals and chemicals, as well as gold. With all of its assets located in North America, Fortune is positioned to become a reliable producer of these products that are critical to a growing world economy and otherwise subject to supply chain risks from political and/or policy uncertainty and concentration of supply.  

Fortune also owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories, and maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia that were previously purchased by a British Columbia Crown corporation.

Contact Information:
Troy Nazarewicz 
Investor Relations Manager
Tel: 519-858-8188
tnazarewicz@fortuneminerals.com
Fax: 519-858-8155

Latest

Jun 06, 2019, 07:28 ET Fortune Minerals Provides Nico Project Technical Report Update

Four development scenarios being assessed with a new mine plan and expanded mill throughput rate and improvements to the cobalt and bismuth downstream process Issued Capital: 347,303,220 LONDON, ON,...


May 03, 2019, 11:36 ET Fortune Minerals confirms gold recovery from NICO concentrates

Enables lower capital cost start-up option of selling concentrates from the NICO mine site Issued Capital: 347,303,220 LONDON, ON, May 3, 2019 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQB:...


Apr 23, 2019, 07:11 ET Fortune Minerals Completes Option Agreement to Purchase Alternative Site for Proposed Metal Processing Refinery

Additional sites being evaluated based on expedited approvals process Issued Capital: 347,303,220 LONDON, ON, April 23, 2019 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or...


Mar 26, 2019, 11:57 ET Rural Municipality of Corman Park rejects plant site rezoning

Fortune Minerals is evaluating its options with the Saskatchewan Government and has identified several alternative sites for its hydrometallurgical plant in other jurisdictions Issued Capital:...


Feb 14, 2019, 10:37 ET Northwest Territories Government Signs Contract to Construct Tlicho Road

Construction of all-season road to Whati to begin this year for anticipated completion in 2022 LONDON, ON, Feb. 14, 2019 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the...


Jan 30, 2019, 07:26 ET Fortune Announces Socio-Economic Agreement Completed with the Government of the Northwest Territories

Proposed new primary Canadian cobalt mine to provide northern jobs and benefits while supporting the global transition to electric vehicles and energy use efficiency Issued Capital: 340,303,220...


Nov 15, 2018, 07:28 ET Fortune Reports Northwest Territories Government Selection of Proponent to Construct Tlicho Road

North Star Infrastucture, a consortium of Kiewitt, Hatch & Thurber to construct all-season road Issued Capital: 338,603,220 LONDON, ON, Nov. 15, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT)...


Oct 30, 2018, 07:31 ET Fortune Reports Federal, Northwest Territories and Tłįchǫ Government Approvals for the Tłįchǫ All-Season Road

Tłı̨chǫ Road Environmnetal Assessment receives Minister and Tłı̨chǫ Government approvals Issued Capital: 338,603,220 LONDON, ON, Oct. 30, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX:...


Oct 04, 2018, 13:07 ET Fortune Announces NICO Community Education Programs

Financial support to promote education and better awareness of the importance of mining Issued Capital: 338,603,220 LONDON, ON, Oct. 4, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF)...


Sep 17, 2018, 07:12 ET Fortune Announces Successful Tests to Produce Upgraded and Clean Cobalt Concentrate From the Nico Project

Significant improvement in sale value of cobalt and bismuth concentrates to third party processors and anticipated material reduction in capital and operating costs for development Issued Capital:...


Jul 11, 2018, 10:45 ET Fortune Minerals Advances NICO Project Environmental Work and Rezoning Required for Construction

Canadian primary cobalt asset positioned for near-term development Issued Capital: 338,603,220 LONDON, ON, July 11, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the...


Jun 20, 2018, 07:47 ET Fortune Minerals Announces Results of Annual General Meeting of Shareholders

Company also welcomes John McVey to the Board of Directors Issued Capital: 338,603,220 LONDON, ON, June 20, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") ...


Jun 14, 2018, 12:03 ET Fortune Minerals Provides NICO Technical Report Update

Third party refiners interested in purchasing NICO concentrates directly from the mine Issued Capital: 338,603,220 LONDON, ON, June 14, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF)...


Apr 19, 2018, 08:00 ET Fortune Minerals Provides Project Finance Update

Accelerating demand for cobalt in electric vehicles and concerns with geographic concentration of supply generating investment interest in NICO Project Issued Capital: 338,403,220 LONDON, ON, April...


Apr 04, 2018, 06:36 ET Fortune Minerals reports Tlicho all-season road approval

Public road clears environmental assessment process to enable NICO mine operations Issued Capital: 338,403,220 LONDON, ON, April 4, 2018 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF)...


Mar 27, 2018, 14:08 ET Fortune Minerals provides update of NICO Project

Study assessing expanded production scenario is nearing completion for one of the few global development stage cobalt assets Issued Capital: 338,403,220 LONDON, ON, March 27, 2018 /CNW/ - Fortune...


Dec 15, 2017, 07:06 ET Fortune Minerals Completes $5M Private Placement

RFP issued by Northwest Territories Government for Tlicho All-Season Road /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Issued Capital: 331,497,023 LONDON,...


Nov 29, 2017, 06:39 ET Fortune Minerals Announces $5M Private Placement

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Issued Capital: 302,085,257 LONDON, ON, Nov. 29, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ...


Nov 09, 2017, 07:45 ET Fortune examines higher production rate in NICO feasibility

Accelerating cobalt demand in lithium-ion batteries for electric vehicles is driving decision to examine the feasibility of expanding production by 20 to 30% to produce more cobalt units Issued...


Sep 19, 2017, 07:22 ET Fortune Minerals Reports All-Season Road Milestone

Critical Enabler for NICO Mine Operations Advancing to RFP Stage Issued Capital: 302,085,257 LONDON, ON, Sept. 19, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the...


Aug 24, 2017, 08:00 ET Fortune Minerals Provides NICO Project Update

Canadian cobalt-gold development project positioned for rapidly expanding use of lithium-ion batteries in portable electronic devices, automotive electrification & stationary storage Issued Capital:...


Jun 22, 2017, 14:23 ET Fortune Minerals Announces Results of Annual and Special Meeting of Shareholders

Issued Capital: 300,085,257 LONDON, ON, June 22, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the nominees listed ...


Jun 21, 2017, 07:30 ET Fortune Minerals Appoints Chief Operating Officer as it Prepares for Construction at the NICO Project

Company also hires Supply Chain Manager & reports internal promotions Issued Capital: 300,085,257 LONDON, ON, June 21, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the ...


Apr 25, 2017, 07:18 ET Fortune Minerals retains Hatch and Micon to update NICO Feasibility Study to support project financing

Cobalt demand accelerating in batteries for automotive electrification and stationary storage Issued Capital: 300,085,257 LONDON, ON, April 25, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: ...


Mar 08, 2017, 09:29 ET Fortune Minerals Announces Closing of Bought Deal Financing

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ LONDON, ON, March 8, 2017 /CNW/ - Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) ("Fortune" or the...