Opinion: Why Canada must step up in mining
My family and I came to Canada from Romania when I was in Grade 9 – newcomers with suitcases in hand, no real plan, and no exposure to mining –…
Foran Mining
Hudbay pauses Snow Lake mine due to wildfire
Hudbay Minerals (TSX, NYSE: HBM) has temporarily suspended operations at its Snow Lake gold-zinc-copper mine in Manitoba due to surging wildfires and pledged $1 million in financial relief for its…
Agnico lifts Foran stake but copper project costs jump
Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) which is coping with increased capital costs for its McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan. …
Spotlight: Energy transition metals shine
Investments in clean energy and artificial intelligence infrastructure are driving demand for critical minerals — from silver for solar panels to copper for wiring to nickel and lithium for batteries….
Foran conditionally approved for $20M gov’t funding for McIlvenna Bay infrastructure
Foran Mining (TSX: FOM; US-OTC: FMCXF) has conditional Energy and Natural Resources Ministry (NRCan) approval for up to $20 million in support of clean energy infrastructure at its McIlvenna Bay…
Li-FT secures mystery lithium investor
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF), which claims to have Canada’s third-largest maiden hard rock lithium resource, said this week that an unnamed investor is buying 9.99% of the company…
Foran cuts more high-grade copper in Tesla zone at McIlvenna Bay
Drill results from Foran Mining (TSX: FOM; US-OTC: FMCXF) on Monday confirmed the high-grade continuity of the Tesla zone at its McIlvenna Bay copper project in east-central Saskatchewan. Its shares…
JV Article: Sandvik’s versatile jumbo bolter improves mining operations at KGHM’s Victoria project
In June, DMC Mining Services started trialing Sandvik’s DD422i two-boom dual controls jumbo bolter at KGHM’s Victoria nickel-copper project in Ontario, 35 km west of Sudbury. The multi-purpose diesel-powered jumbo…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
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’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…