Foran Mining wants to develop world’s first carbon-neutral copper project

The project now contains 423 million indicated tonnes grading 0.41 gram gold per tonne, 0.22% copper, 4.6 grams silver and 41 parts per million molybdenum.

The company hopes to complete a feasibility study and submit the environmental assessment next year.

The company expects to complete the Goldboro feasibility study this year.

Well-funded environmental groups opposed to Trans Mountain received NEB funding.

Mining stopped on March 8, when members of the Asociación Obrera Minera Argentina (AOMA) downed tools, and processing activities have now also ceased following the exhaustion of surface stockpiles.

With Canadian oil prices under pressure and so much uncertainty regarding new takeaway capacity, companies have been reluctant to launch new projects.

The Aussie miner says new work in recent months has uncovered fresh targets assaying up to 2.3% cobalt and 32 grams per tonne gold.

Why is Justin Trudeau risking his political career to rescue the construction firm? It comes down to three things: jobs, SNC’s political clout and the special status that many Quebec companies hold.

After a parade of insults, suspect numbers and pitch decks, Barrick Gold Corp. and Newmont Mining Corp. have agreed to a deal.