Exploration company Foran Mining has bolstered the design team for its ongoing definitive feasibility study at its McIlvenna Bay deposit in Saskatchewan, where it aims to build Canada’s first copper mine that is designed to be carbon neutral from day one.
The feasibility study team includes Stantec for mine design and engineering; Knight Piesold for the tailings storage facility design; Halyard for the process plant design; Micon International for the resource estimate; Base Metallurgical Laboratories for metallurgical testing; Canada North Environmental Services for environmental aspects and Synergy Enterprises for sustainability and carbon accounting.
"McIlvenna Bay will be a mine for the future, designed to be carbon neutral from day one of production. Importantly for our shareholders, our due diligence strongly suggests that we can generate superior returns using renewable energy and electric fleets, for example.
"With this in mind, the appointment of these world-class environmental and engineering specialists reflects our ambition to develop a technically and economically compelling solution to the environmental and social challenges which have been traditionally associated with the sector. We are therefore thrilled that professionals of this calibre have agreed to support us on this journey,” commented Foran executive chairperson Dan Myerson.
The responsible production of copper and zinc is critical as the world transitions to a low carbon future, as these metals are used in the production of renewable energy assets and electronic industries.
Foran filed a technical report for the prefeasibility study in April last year, which demonstrated positive economics for McIlvenna Bay at lower metal prices than currently forecasted and identified numerous development opportunities.