Fortune Minerals’ Nico Mine Gets Approval After EA

Mining Weekly reported that Fortune Minerals has received approval from the Mackenzie Valley review board regarding their Nico gold/cobalt/bismuth/copper mine and mill in the Northwest Territories.

As quoted in the market report:

The board’s Report of Environmental Assessment and Reasons for Decision found that, while the Nico project had the potential to cause significant adverse impacts on the environment, the measures the review board recommended would ensure that no significant adverse impacts resulted from the project development.

To view the whole Mining Weekly report, click here.