Fortune Minerals Limited

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.

The report period Dec. 15-21 saw the price of gold rise US$3.85 to close at US$440.95 per oz. in the afternoon of the 21st in London. The gold index rose 2.09 points, or 0.9%, to close at 211.20. The diversified metals and mining index was up 10.7…

Insider trading transactions reported in May 2004 Ontario Securities Commission Bulletin include the following:…

A 13-hole drilling program by Fortune Minerals (FT-T) at the Nico polymetallic deposit in the western Northwest Territories has expanded the known mineralization in the deposit’s West Pit area.The new…

Infill drilling by Fortune Minerals (FT-T) on the Nico polymetallic deposit, 160 km northwest of Yellowknife, N.W.T., has intersected high gold grades.Fortune, which has a 35-hole program under way to…

Last year’s deals between Fording Coal, Sherritt International (s-t), the Ontario Teachers’ Pension Plan, and Teck Cominco (tek-t) neatly divided the world of Canadian coal production; thermal coal as…

A quarter-century after the Olympic Dam discovery in Australia left geologists struggling to classify the giant oddity they’d found, a new and better-informed wave of exploration for Olympic Dam-style…

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Copper Ridge Explorations (KRX-V) — Gerald Carlson, director, bought 3,50…

The summer drill program at the Mazenod Lake property of Fortune Minerals (FT-T), about 170 km northwest of Yellowknife, N.W.T., has confirmed earlier grade estimates and indicated some extensions to …

Fortune Minerals (FT-T) has inked a contract for a 4,900-metre drilling program at its Nico polymetallic project in the Northwest Territories, and expects to have a revised resource estimate on the pr…

In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…