Monday, April 28, 2025

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Foran Mining Targets Copper Production by 2026

In this interview, Dan Myerson, Chairman & CEO of Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF), discusses the company’s copper project in Saskatchewan and their transition from exploration to production. Myerson expresses a bullish outlook on copper, citing supply constraints and increasing demand. He highlights Foran’s focus on creating shareholder value, their successful permitting and financing processes, and key investor partnerships.

Myerson outlines plans to start commissioning in August 2025, with commercial production expected in early 2026. He emphasizes the importance of their VMS system for long-term potential and addresses challenges of mine development in Canada. The interview covers Foran’s ongoing exploration efforts and upcoming milestones.

Myerson articulates Foran’s vision to become a significant copper producer while maintaining focus on value per share. He discusses the company’s strategic positioning, near-term production potential, and long-term growth prospects in Saskatchewan’s mineral-rich jurisdiction.


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