Foran Mining taps investors for McIlvenna Bay initial phase funding
McIlvenna Bay is currently host to the largest undeveloped VMS deposit in the Flin Flon region in Saskatchewan.
Shares of Silver Wheaton (SLW.TO:Quote) rose on Monday, after the miner’s quarterly profit more than doubled, helped by record production and soaring silver prices.
Net profit rose to $122.2 million, or 34 cents a share, from $50.6 million, or 13 cents a share, a year ago.
