Foran Mining Corporation

Foran Mining Corporation is a Canadian mineral exploration and development company headquartered in Vancouver, British Columbia. The company's core business involves the acquisition, exploration, and development of mineral properties with the objective of discovering mineral reserves and developing operating mines. Foran Mining is committed to becoming a critical minerals producer, aiming for net-zero carbon production to support a greener future and empower communities through sustainable mining practices.

The company primarily focuses on copper, zinc, gold, and silver deposits, particularly volcanogenic massive sulphide (VMS) deposits located along the Flin Flon Greenstone Belt. Its flagship asset is the McIlvenna Bay project in Saskatchewan, Canada, a copper-zinc-gold-silver rich deposit. McIlvenna Bay is recognized as one of the largest undeveloped VMS deposits in Canada and is currently North America's only approved copper-zinc development project under construction. Foran Mining's project portfolio also includes the Bigstone, Tesla, and Hanson Lake properties.

In recent developments, Foran Mining Corporation became a subsidiary of Eldorado Gold Corporation, with the acquisition completed as of April 14, 2026, following approval by Foran securityholders on April 7, 2026. The McIlvenna Bay project is on track for commercial production by mid-2026. The Canadian government has supported the project with a $41 million investment in January 2025, aimed at integrating clean technologies to establish McIlvenna Bay as Canada's first carbon-neutral copper project. Dan Myerson serves as the CEO.