FTMDF News and Press, Fortune Minerals Ltd From 08/26/19

Welcome to the August 2019 cobalt miner news. The past month saw cobalt prices rise strongly, and several companies announce they are terminating or cutting back cobalt production due to low prices. This follows on from ERG's decision to cut cobalt output earlier in the year, and many DRC ar...

Construction of the road expected to start in September and open for public use in 2022 Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“ Fortune ” or the “ Company ”) ( www.fortuneminerals.com ) is pleased to report that the Government of the Northwest...

Welcome to the July 2019 cobalt miner news. The past month saw cobalt prices slightly higher, and a quiet month for cobalt company news. Industry consolidation continues with several deals ongoing. Cobalt price news As of July 19, the cobalt spot price was US$12.93 /lb, up slightly f...

New zone lies on the periphery of the coincident Peanut Lake magnetic, gravity and magnetotelluric geophysical anomalies Fortune Minerals Limited (TSX: FT) (OTCQX: FTMDF) (“Fortune” or the “Company”) ( www.fortuneminerals.com ) is pleased to report the dis...

July 10, 2019 FN Media Group Presents USA News Group News Commentary Los Angeles, CA –  July 10, 2019 – USA News Group –– One of the world’s leading electric vehicle (EV) manufacturers, Tesla has issued a warning about a potential gl...

I’ve been writing about a looming cobalt supply crunch that I refer to as the “Cobalt Cliff” since March 2016 when I learned that the overwhelming bulk of the world’s cobalt is a byproduct of copper mining in the Congo (72%) and nickel mining in other countries (2...

Welcome to the June 2019 cobalt miner news. The past month saw cobalt prices lower, and solid progress from the cobalt miners despite the poor sentiment and cobalt prices. RNC Minerals had a blockbuster month. Cobalt price news As of June 20, the cobalt spot price was US$12.70 /lb, d...

Fortune Minerals Provides Nico Project Technical Report Update Canada NewsWire LONDON, ON, June 6, 2019 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...

Welcome to the May 2019 cobalt miner news. The past month saw cobalt prices flatline, and steady progress from the cobalt miners. Cobalt price news As of May 21, the cobalt spot price was US$15.76 /lb, down slightly from US16.10/lb last month. The LME cobalt price is US$34,000 /tonne....

Fortune Minerals confirms gold recovery from NICO concentrates Canada NewsWire LONDON, ON, May 3, 2019 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 ...