Fortune Minerals Steps Back….at least for the time being

BCBlackOut

VANCOUVER – A Canadian mining company is moving to diffuse a growing dispute with First Nations over a proposed open pit coal mine in northern B.C., by pulling out of the mine site for several months.However, Fortune Minerals (TSX:FT) said it is not leaving Mount Klappan for good, and that the company remains committed to the mine in an area considered sacred by First Nations.

“While all of Fortune’s activities at the project site are focused on gathering necessary information that will be used in a B.C. environmental assessment process, … the company has faced disruptive and damaging protests,” the firm said in a statement.

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