Foran Mining has completed 88% of the construction at its McIlvenna Bay project in Saskatchewan, Canada, as of January 31. The miner said the project remains on schedule for commercial production in mid-2026 and is proceeding within budget.
“McIlvenna Bay is in its final stages of construction, now 88% complete with wet commissioning already underway. This is where years of disciplined execution translate into production – systems are coming online, operational readiness is our focus, and we expect first concentrate shortly,” Dan Myerson, executive chairman and CEO of Foran.
“As we transition from developer to producer, we are establishing a long-life, low-cost operation that will underpin Foran’s growth for decades. I want to thank our employees, contractors and partners for their continued commitment as we work toward delivering Canada’s next copper, zinc, gold and silver operation.”
The first production stope blast occurred in January, noted Foran, a major operational readiness milestone. Underground drilled and blasted inventory stood at approximately 215,000 tonnes at the end of January, with approximately 2 million tonnes of ore established within the planned mine sequence, supporting a disciplined transition to production.
Key surface construction completion milestones include the finalization of the tailings storage facility, primary crusher, ore bin and conveyor, process plant secondary steel, liquid natural gas piping, thickeners, HVAC systems, and the enclosing of the compressor building.
The McIlvenna Bay project is located within the documented traditional territory of the Peter Ballantyne Cree Nation and hosts the McIlvenna Bay Deposit and Tesla Zone.
Source: Foran Mining