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Cobalt
 
Pacific Island News Association - August 13, 2019
By Nic Maclellan in Funafuti, Tuvalu Fiji Prime Minister Voreqe Bainimarama has again called for a 10-year moratorium on sea-bed mining,...
, companies are developing technology to exploit mineral ore deposits found on the ocean floor, including cobalt crusts, seafloor massive

Speaking in Tuvalu this week before the 50th Pacific Islands Forum, Prime Minister Bainimarama called on fellow Forum island states to “support a 10-year moratorium on seabed mining from 2020 to 2030, which would allow for a decade of proper scientific research of our economic zones and territorial waters.”…Just as energy corporations are looking towards deep-sea oil and gas reserves, companies are developing technology to exploit mineral ore deposits found on the ocean floor, including cobalt crusts, seafloor massive sulphides and ferromanganese nodules…A report from the Guam-based Blue Ocean Law argues: “There is a general failure to incorporate sufficient environmental protections, as well as the norm of free, prior, and informed consent for indigenous peoples, who are most likely to be impacted by DSM. In the 21st century, and under well-established norms of international law, these omissions represent serious violations of international legal obligations.”…Early initiatives to begin sea-bed mining in the Pacific have not come to fruition. This week’s set-back to a major project in Papua New Guinea provides a salutary warning about the complexity and potential costs of DSM…Under a licence issued by the PNG government, Nautilus Minerals has long planned to mine seabed minerals beneath PNG’s Bismarck Sea. However, with widespread community resistance, falling share prices and the loss of a specialised support vessel, Nautilus constantly pushed out the date for commencement of mining…In February this year, Nautilus filed for court protection from its creditors under the Canadian Companies’ Creditors Arrangement Act (CCAA), and the Canadian-based company was later delisted from the Toronto Stock Exchange. This week, major shareholders MB Holding and Metalloinvest have moved to take control of company assets at the expense of major creditors and smaller shareholders (The PNG Government holds 15 per cent equity in Nautilus’ PNG subsidiary and the Solwara 1 project through the company Eda Kopa).

 
 
EVs & Energy Storage
 
Unknown - August 14, 2019
SHANGHAI (Reuters) - An influential Chinese think tank is calling on the government to set absolute caps on climate-warming greenhouse gas to ensure the country is on course for emissions to peak by the end of the next decade.

China, the world’s biggest producer of greenhouse gas, has pledged to bring its total emissions to a peak by “around 2030” as part of its commitments to a global 2015 accord aimed at curbing temperature rises…However, a research report circulated by the government-run National Center for Climate Change Strategy and International Cooperation (NCSC) on Tuesday warned the goal might not be within reach unless absolute limits on carbon emissions are included in the nation’s 2021-2025 five-year plan…But CO2 emissions could be capped at around 10.6 gigatonnes by 2025 and kept stable over the 2025-2030 period. Tougher measures could also keep per capita emissions at 7.2 tonnes by 2030, lower than the “business as usual” level of 8.3 tonnes… “The environment ministry is trying to push the idea of carbon caps in the overall five-year plan, which should be released in early 2021 ... but it doesn’t have the final say,” said Li Shuo, senior climate advisor with environmental group Greenpeace.

 
 
Congo
 
Forbes - August 13, 2019
What the breakthrough in Ebola treatment demonstrates is how successful a public-private partnership can be in a relatively short period of...
treatment. Such supply problems can arise in areas of strife and unrest like the Congo. The treatments have been supported by decades of U

On Monday, a major success in the fight against Ebola was announced…In a trial involving 700 patients that began last November, it's been found that two experimental treatments to treat Ebola are so effective that they will now be offered to all Ebola patients in the Democratic Republic of Congo…In the trial, conducted by an international research team coordinated by the WHO, the monoclonal antibody treatments had a cure rate of as high as 90%...The treatments are known as REGN-EB3 and mAb-114, and are made by Regeneron and Ridgeback Biotherapeutics, respectively. They both are considered significantly more effective than two other treatments that were included in the trial, ZMapp and remdesivir…Ebola may become a preventable and treatable disease. But, in order for this to happen, there will need to be improvements in implementation of the compassionate use programs in place for experimental vaccines. A Merck vaccine is being used in the current outbreak in the Congo…However, Johnson and Johnson’s investigational vaccine has yet to be deployed…Broadly, what's still needed to is finding ways to combat local community mistrust, improve prevention of disease transmission, and efficiently implement vaccination and therapeutic programs.

 
 
Fortune Minerals Related
 
NationTalk - August 13, 2019
transportation infrastructure like the Mackenzie Valley Highway, Tlicho All-Season Road and Slave Geological Province Access Corridor that

Mr. Speaker, I’d like to welcome my colleagues back for the final sitting of the 18th Legislative Assembly…The past four years have been busy and we have done a lot of good work together. We have also had a few spirited discussions about how to decide what is best for the people that we serve as Members of this Assembly…Under Economy and Environment, we have completed or are working on 57 of 68 commitments, including major strategic investments in transportation infrastructure like the Mackenzie Valley Highway, Tlicho All-Season Road and Slave Geological Province Access Corridor that will help support the continued development of our economy and prosperity of our residents.

 
 
fortuneminerals
For further information about the NICO Project and its Mineral Reserves, please refer to the Technical Report on the Feasibility Study for NICO, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon, which has been filed on SEDAR and is available under the Company's profile at www.sedar.com.

DISCLAIMER

Fortune Minerals Limited does not endorse or guarantee the accuracy or completeness of any third party publication regarding the Company and accepts no liability for any direct or consequential losses arising from its use. The information contained in third party publications is subject to verification by the user and Fortune is under no obligation to provide, or comment upon, such publications. This communication is not, and under no circumstances is to be construed as, an offer to sell or a solicitation to buy any securities. Any decision to invest in securities in the secondary market or otherwise should only be made after consulting the investor’s own investment, legal, accounting and tax advisors in order to make an informed determination of the suitability and consequences of such investment.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

The materials appearing in this email contain forward-looking information. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management’s expectations with respect to, among other things, the size and quality of the Company’s mineral resources, progress in permitting and development of mineral properties, timing and cost for placing the Company’s mineral projects into production, costs of production, amount and quality of metal products recoverable from the Company’s mineral resources, anticipated revenues, earnings and cash flows from the Company's mineral projects, demand and market outlook for metals and coal and future metal and coal prices. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the inherent risks involved in the exploration and development of mineral properties, uncertainties with respect to the receipt or timing of required permits and regulatory approvals, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal and coal prices, the possibility of project cost overruns or unanticipated costs and expenses, the possibility that production from the Company's mineral projects may be less than anticipated, uncertainties relating to the availability and costs of financing needed in the future, uncertainties related to metal recoveries and other factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update them or revise it to reflect new events or circumstances, except as required by law.