Foran Mining launches $200M private placement
Foran Mining (TSX: FOM; US-OTC: FMCXF) plans to raise $200 million through a private placement to support the exploration and development of its projects in Saskatchewan. The offering includes up…
Foran Mining
Foran Mining’s McIlvenna Bay gets environmental impact process green light
Foran Mining (TSX: FOM; US-OTC: FMCXF) has secured ministerial approval for its McIlvenna Bay project under Saskatchewan’s Environmental Assessment Act, the company said on Wednesday. This marks the end of…
Canada’s Top Ten base metals and uranium companies
As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January. Here’s a…
Foran’s US$150M loan helps nearly cover McIlvenna Bay copper project cost
Foran Mining (TSXV: FOM; US-OTC: FMCXF) says it will use a US$150 million loan from Sprott Resource Lending to help construct its McIlvenna Bay copper project in Saskatchewan. The funding…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Canada’s Top Ten base metals and uranium companies
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation. Here’s a…
S&P/TSX Venture Composite Index tumbles more than 5% in June 27-July 1 trading week
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26. Among the top gainers in terms of…
Global Copper Snapshot: Eight companies exploring for the red metal
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant…
Foran Mining receives key permit for McIlvenna Bay decline, bulk sampling
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has received the initial permits allowing it to begin development of an exploration decline as part of its pre-development program at the 100%-owned McIlvenna…
Foran Mining boosts McIlvenna Bay copper-zinc resource
Foran Mining (TSXV: FOM) has updated the indicated resource at its 100%-owned McIlvenna Bay copper-zinc project in east-central Saskatchewan, reporting a 70% increase in indicated tonnage. Foran is working towards…
Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
Foran Mining (TSXV: FOM) is considering expanding the 30,000 metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax…