Fortune Minerals secures NWT water licence renewal for NICO mine project

Fortune Minerals secured renewed Class A Water License for the NICO mine and concentrator in Canada’s Northwest Territories, signed Sept. 14, 2026. Wek'èezhìı Land and Water Board also issued a Type A Land Use Permit, setting construction, operating terms, and required reclamation security. Project plan centers on an open-pit and underground mine with an NWT concentrator, feeding a proposed Alberta hydrometallurgical refinery. Access road remains contingent on financing; joint venture with Tłıchǫ Government targets construction, supported by conditional Canadian funding up to $50 million. Final investment decision is targeted for 2027; updated feasibility study is in late-stage preparation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortune Minerals Limited published the original content used to generate this news brief via (Ref. ID: 20260918755127) on September 18, 2026, and is solely responsible for the information con