|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.148 - 0.169|
|52 Week Range||0.130 - 0.330|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
LONDON, ON , April 19, 2018 /CNW/ - Fortune Minerals Limited (FT.TO) (FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to provide an update of the financing for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada ("NICO Project"). The NICO Project is one of few new cobalt assets globally with the potential to be in production by the early 2020's and respond to the accelerating demand from transformative automotive electrification, portable electronic devices and stationary storage. Fortune has engaged Hatch Ltd. ("Hatch"), P&E Mining Consultants Inc. ("P&E") and Micon International Limited ("Micon") to update the National Instrument 43-101 technical report on the NICO Project Feasibility Study prepared in 2014 based on new design developments and improvements, current capital and operating costs, commodity prices and currency exchange rates, and the economies of scale of an approximate 30% increase in the mill throughput rate.
NEW YORK , March 23, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, is pleased to feature the following companies who ...
LONDON, ON, Nov. 9, 2017 /CNW/ - Fortune Minerals Limited (FT.TO) (FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce a change in scope for the updated Feasibility Study in progress for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada ("NICO Project"). Responding to positive feedback from potential strategic partners, Fortune is examining the feasibility of a 20 to 30% increase in the planned NICO production rate over the 4,650 metric tonnes ("t") of ore per day used in the previous 2014 Feasibility Study and produce between 1,700 and 2,000 t of cobalt units per year in a battery grade cobalt sulphate heptahydrate.
LONDON, ON, Sept. 19, 2017 /CNW/ - Fortune Minerals Limited (FT.TO) (FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) reports that the Government of the Northwest Territories ("GNWT") has recently announced completion of another milestone toward construction of the Tlicho All-Season Road ("TASR") to the community of Whati. GNWT Minister of Finance, Robert C. McLeod, stated in March 2017 that, "Construction of the Tlicho All-Season Road is a priority of the 18th Legislative Assembly. The project is a critical piece of infrastructure that will result in significant benefits for the Tlicho region and facilitate growth for the NWT economy." Fortune has already received environmental assessment ("EA") approval to construct a spur road from Whati to its proposed NICO mine site as part of its proposed development.
If you are looking to invest in Fortune Minerals Limited’s (TSX:FT), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
LONDON, ON, Aug. 24, 2017 /CNW/ - Fortune Minerals Limited (FT.TO) (FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to provide an update of activities for its 100% owned NICO Cobalt-Gold-Bismuth-Copper Project in Canada. NICO is a vertically integrated development consisting of a planned mine and concentrator in the Northwest Territories and refinery near Saskatoon where concentrate will be processed to battery grade cobalt sulphate, gold, bismuth metal and oxide, and copper. NICO is a primary cobalt project with approximately 60% of projected revenues from cobalt at current commodity prices, The NICO Mineral Reserves also contain more than 1.1 million ounces of gold and 12% of world bismuth reserves.
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 ...
Fortune Minerals Appoints Chief Operating Officer as it Prepares for Construction at the NICO Project
LONDON, ON, June 21, 2017 /CNW/ - Fortune Minerals Limited (FT.TO) (FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to announce that Mr. Glen Koropchuk has been appointed to the position of Technical Director and Chief Operating Officer ("COO") to lead development of the NICO Cobalt-Gold-Bismuth-Copper Project. Mr. Koropchuk, who is also a director of the Company, has decades of global mineral industry experience, including more than 27 years within the Anglo American Plc ("Anglo") group of companies, most recently as COO of De Beers Canada Inc. His experience in Canada's North is particularly important to Fortune as it prepares to construct its vertically integrated NICO development, comprised of a mine, mill and concentrator in the Northwest Territories ("NT") and a related refinery near Saskatoon, Saskatchewan.
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