Foran Mining’s McIlvenna Bay project receives ministerial approval
The copper-zinc-gold-silver project in Saskatchewan has a projected 18-year mine life, over which it could produce 65 million lb. of copper-equivalent annually.
All the refined metals needed to reach net zero by 2050 will add up to less than the amount of coal mined in 2023 alone, according to Energy Transitions Commission.
Leading miners have seen their valuations decline as slowing growth for electric cars and a weaker economy in China curtail demand for some commodities.