fortuneminerals
Click on the blue article to read full story.
 
Cobalt & Bismuth
 
Prime Minister of Canada - June 7, 2025
Fifty years ago, in the face of upheaval and geopolitical tensions, a small group of advanced economies formed what is now the G7 – a forum for co-operation, stability, and shared prosperity.
Fifty years ago, in the face of upheaval and geopolitical tensions, a small group of advanced economies formed what is now the G7 – a forum for co-operation, stability, and shared prosperity.

Today, the Prime Minister, Mark Carney, announced the priorities that will guide Canada’s 2025 G7 Leaders’ Summit, to be held in Kananaskis, Alberta, from June 15 to 17, 2025. Anchored in building stronger economies, Canada will seek agreements and co-ordinated action on three core missions…Protecting our communities and the world – strengthening peace and security, countering foreign interference and transnational crime, and improving joint responses to wildfires…Building energy security and accelerating the digital transition – fortifying critical mineral supply chains and using artificial intelligence and quantum to unleash economic growth…Securing the partnerships of the future – catalyzing enormous private investment to build stronger infrastructure, create higher-paying jobs, and open dynamic markets where businesses can compete and succeed.

 
Nikkei Asian Review - June 11, 2025
Vital bismuth inventories running low, ...
Vital bismuth inventories running low, ...

Vital bismuth inventories running low, warn suppliers to Nvidia and others…Bismuth is a key ingredient in tech manufacturing, including production of AI data center servers…Tech companies building AI data centers for Nvidia, Amazon and Google are counting on a breakthrough in U.S.-China trade negotiations as their stockpiles of critical minerals and related materials run painfully low….China tightened its restrictions on critical elements used in tech manufacturing in April amid trade tensions with the U.S. Since then, prices of these elements have surged, and supplies of materials that use them, such as low-temperature solder paste, can be measured in weeks, executives from multiple suppliers told Nikkei Asia.

 
 
Congo
 
Reuters - June 10, 2025
US wants Rwandan troops out of Congo before peace deal signed, sources say
US wants Rwandan troops out of Congo before peace deal signed, sources say

The United States is promoting a deal that would require Rwanda to pull troops from eastern Congo before the two sides sign a peace agreement, sources say, a condition that is sure to rankle Kigali, which describes Congo-based armed groups as an existential threat…U.S. President Donald Trump's administration is holding talks to end fighting in eastern Congo and bring billions of dollars of Western investment to the region, which is rich in minerals including tantalum, gold, cobalt, copper and lithium…A draft peace agreement seen by Reuters says a condition for signature is that Rwanda withdraws troops, weapons and equipment from Congo…Rwanda has sent between 7,000 and 12,000 soldiers to eastern Congo to support M23 rebels, analysts and diplomats told Reuters earlier this year, after the rebel group seized the region's two largest cities in a lightning advance…The U.S.-produced draft agreement also calls for a "Joint Security Coordination Mechanism" that could include Rwandan and "foreign military observer personnel" to deal with security issues, including the continued presence in Congo of Rwandan Hutu militias…The draft agreement also says Congo would commit to allowing M23 to participate in a national dialogue "on equal footing with other DRC non-state armed groups" - a major concession for Kinshasa, which sees M23 as a terrorist group and Rwandan proxy.

 
 
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.