Gypsum industry news

Canada: Fortune Minerals has appointed Worley Canada Services to lead an updated feasibility study and assist with permitting for the NICO bismuth, cobalt, copper and gold mine project in Northwest Territories. Dow Jones Institutional News has reported that the project includes a hydrometallurgical plant in neighbouring Alberta that will precipitate gypsum for sale.

Fortune Minerals secured US$12.5m in funding from Alberta Innovates, Natural Resources Canada and the US Department of Defence. The finances will support studies, including for the hydrometallurgical plant, environmental assessments, management plans and authorisations.