Local News

Foran is Looking to a Positive Future.

In a message to shareholders Foran Mining Corporation President and CEO Patrick Soares says they are looking at many options at the McIlvenna Bay Project 65 kilometers west of Flin Flon in a difficult metals market.  He explains the very fact that they’ve got significant amounts of copper in the project is important because they believe that copper is going to be the outstanding metal in our 21st century because the push for electric vehicles is on and it means more lines of copper around every electric motor, it means upgrading all electric grids around the world, everyone of those demands copper and there are just not enough copper mines coming into production.

             

Soares adds the McIlvenna Bay deposit is zinc and copper and is really what the world needs in the future.

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