A welcome sign into the community of Whatì. (Supplied by MyTrueNorthNow.com staff)
City of Yellowknife
Less than 1 min.read

Fortune Minerals to update feasibility study for NWT mine

Cameron Wilkinson
By Cameron Wilkinson

Fortune Minerals is updating it’s feasibility study from 2014 for the company’s cobalt project.

The London, Ontario mining company has hired Hatch, P&E Mining Consultants and Micon International for the study.

The company recently received approval to construct an all-season road in the Northwest Territories. The road is expected to connect the community of Whatì to the territory’s highway system at highway 3.

The new road will also be used to connect Fortune Minerals’ potential new cobalt mine to a hydrometallurgical plant near Saskatoon, Saskatchewan.

The cobalt-gold-bismuth-copper project will be located 160 km northwest of Yellowknife, near Whatì. The company says it is expected to begin production by the early 2020s.

Cameron Wilkinson
Cameron Wilkinson
News Reporter

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Stride and Ride heading to Hay River

Northwest Territories
The town of Hay River is capping off the month of June with their first Stride and Ride. The event gives participants a chance to walk, run or bike and enjoy the outdoors, while out on Hay River's trail system

Planned telecommunications service disruption tonight

Northwest Territories
The Government of the Northwest Territories is alerting residents to a planned telecommunications service disruption tonight from 12:00 am till 4:00 am.

Mackenzie Valley Hwy could see accelerated build process under Bill C-5’s Build Canada Act

Northwest Territories
The Mackenzie Valley Highway project could potentially see an accelerated and streamlined build under the Bill C-5’s Build Canada Act. The Gray’s Bay Road and Port and the Nuclear Waste Management Organization’s Deep Geological Repository, just referred to the Nation Buiding Projects office, were also named for potential acceleration in a special announcement today in Yellowknife.

Federal investment into airport safety at Yellowknife Airport announced

City of Yellowknife
The Government of Canada has announced that they will be investing $1.2 million into strengthening air safety at the Yellowknife Airport.

Orange warning in effect for Norman Wells and Tulita, smoke and heat alerts issued for N.W.T.

Northwest Territories
Environment Canada has issued an orange warning for air quality for Norman Wells and the Tulita Region, due to wildfire smoke. “Wildfire smoke is causing very poor air quality and reduced visibility,” warned the federal agency in an advisory issued Tuesday evening. Environment Canada has issued an orange warning for air quality for Norman Wells and the Tulita Region, due to wildfire smoke. On June 23, the federal agency also issued a heat alert for a number of areas in the N.W.T.