What does FTMD.F mean in NASDAQ SYMBOLS
FTMD.F is an abbreviation that stands for Fortune Minerals, LTD., a Canadian-based mining and exploration company specializing in the development of natural resource projects. Founded in 1983, Fortune Minerals has been exploring and developing various metals and minerals resources from its main operations located in Canada, as well as several other countries. The company is listed on the Toronto Stock Exchange (TSX) under the symbol ‘FTMD’.
FTMD.F meaning in NASDAQ Symbols in Business
FTMD.F mostly used in an acronym NASDAQ Symbols in Category Business that means Fortune Minerals, LTD.
Shorthand: FTMD.F,
Full Form: Fortune Minerals, LTD.
For more information of "Fortune Minerals, LTD.", see the section below.
Meaning
The acronym FTMD.F stands for Fortune Minerals, LTD., a company engaged in natural resources exploration and development activities around the world. Fortune Minerals focuses on finding and developing projects related to gold, uranium, nickel, copper and cobalt ores; iron ore pellets; and coal properties in several countries such as Canada, Uruguay, Turkey, Peru and Colombia. The Company is traded on the TSX Venture Exchange under the symbol 'FTMD'.
Purpose
Fortune Minerals' primary purpose is to explore for potential new mineral deposits across the globe. The Company's operations are focused in North America, Latin America and Turkey and include gold-nickel-copper projects at its Mount NICO mine in Canada's Northwest Territories; two nickel-cobalt-precious metal projects located in Colombia; a polymetallic deposit project located near Moa Bay Cuba; an advanced stage diamonds project located near Yellowknife NWT; a nickel deposit project near Santiago de Chuco Peru; aTurkish tungsten mine project located over three license areas at Kışladağ Antalya province Turkey; and thermal coal deposits within three reserves on the San Jorge River basin of northeast Chubut Province Argentina. Through leveraging exploration success with strategic partners or through acquisitions of assets not controlled by Fortune Minerals, the Company seeks to grow long-term shareholder value by developing mineral resource opportunities into viable mining operations worldwide.
Essential Questions and Answers on Fortune Minerals, LTD. in "BUSINESS»NASDAQ"
What does Fortune Minerals, Ltd. do?
Fortune Minerals, Ltd. is a Canadian mining and exploration company that focuses on developing advanced metal and mineral projects with maximum return on investments. The company specializes in metals such as cobalt, gold, copper and nickel.
What are the products of Fortune Minerals, Ltd.?
Fortune Minerals, Ltd. produces a variety of metals such as cobalt, gold, copper, nickel and other materials for industrial use.
What services does Fortune Minerals provide?
Fortune Minerals provides services in evaluation and advancement of mining projects from exploration to production, including engineering design analysis, environmental assessment and permitting services. The company also offers value-added resource recycling initiatives that make use of secondary resources from the mining industry.
Does Fortune Minerals have any international operations?
Yes! In addition to its domestic operations in Canada, Fortune Minerals also has offices in Europe and Asia Pacific allowing it to offer a global reach for its services and products.
Where does Fortune Minerals mine?
Currently Fortune Minerals’ primary focus is on the development of its Nico Cobalt-Gold-Bismuth-Copper Mine located near Yellowknife in Canada's Northwest Territories which is expected to go into commercial production by late 2020.
How old is the company?
Founded in 1984 by Harold Dobbin OBE - who is currently Chairman – Fortune Minerals celebrated its 35 year anniversary in 2019!
How does Future Mineral ensure sustainable practices are implemented during their mining process?
Future Mineral ensures they uphold the highest standards for environment protection through comprehensive recovery plans that take into account environmental considerations both within pre-operational planning stages as well as throughout every stage of operation life cycle; while also employing revolutionary ore sorting technology that helps reduce energy consumption significantly during the mining operations process.. Additionally, we strive to boost local economy development through employment opportunities at our sites or even through purchasing goods from nearby suppliers where applicable.
Final Words:
In conclusion, FTMD.F refers to Fortune Minerals Ltd., a Canadian-based natural resource exploration and development company listed on Toronto Stock exchange under symbol 'FTMD'. With its broad range of mining projects spanning multiple countries across North America, Latin America and Turkey, Fortune Minerals aims to develop mineral resource opportunities into profitable mining operations worldwide thus providing value to shareholders & investors alike.