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Gov funding for Fortune’s Nico project

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Gov funding for Fortune’s Nico projectOttawa, Alberta, supports critical minerals recovery program North of 60 Mining News – December 5, 2023 

Last updated 12/9/2023 at 6:35am

Fortune Minerals Ltd.Fortune Minerals has an option to acquire this steel fabrication plant in Alberta, which it plans to repurpose as a refinery to recover cobalt, copper, bismuth, and gold from concentrates produced at its future Nico Mine in Northwest Territories.Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in Northwest Territories and a hydrometallurgical refinery in Alberta.Lying about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, Northwest Territories, Nico is a near-deve…

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