Foran Mining has selected G Mining Services (GMS) as its partner in the formation of the integrated project management team (IPMT) for construction of its 100%-owned McIlvenna Bay Complex in Saskatchewan, Canada.
Founded in 2006, GMS is a mining consultancy firm excelling in both underground and open-pit mining and processing projects, including operations in Canada. It has a range of services spanning greenfield projects to mine operation, with notable work carried out on Lundin Gold’s Fruta del Norte project in Ecuador, Newmont Mining’s Merian Mine in Suriname, the Greenstone project in Ontario and the Tocantinzinho project in Brazil.
Foran says GMS has achieved a remarkable 100% success rate in delivering projects on or below budget.
Dan Myerson, Foran’s Executive Chairman & CEO, said: “G Mining Services is the ideal partner to deliver the McIlvenna Bay Complex into production and unlock this meaningful critical minerals district. GMS’ unique and innovative IPMT model enables a harmoniously aligned construction team seamlessly transitioning into an operating team, which is critical to success. Integrating GMS within our ranks provides the support and accountability needed in delivering safe, on-budget, and on-schedule mine construction. Their expertise, unwavering commitment to safety, and dedication to timely and fiscally prudent project delivery are expected to play an instrumental role into McIlvenna Bay’s development.”
Mathieu Gignac, President of G Mining, added: “We consider ourselves fortunate to partner on projects that align with our expertise and with people who align with our values. The opportunity to work with Foran, be an integral part of their team and contribute to the development of McIlvenna Bay brings us great excitement, particularly as McIlvenna Bay becomes Saskatchewan’s pioneering base and precious metals project. Our involvement not only emphasises our commitment to delivering excellence but also highlights our role in bolstering Canada’s critical minerals sector.”
In line with this transition, Gilbert Lamarche, previously Vice President, Technical Services, has been promoted to Chief Operating Officer. David Bernier, former COO, will continue to play a role within the company, leveraging his contributions in de-risking, building and growing the project and advancing key strategic initiatives, the company says. Sam Renelli has been promoted from Operational Readiness Manager to the position of Vice President, Technical Services.
The 2022 feasibility study on McIlvenna Bay outlined a 4,200 t/d operation over an 18.4-year mine life, able to produce an average annual production of 33,000 t of copper-equivalent output over the first 15 years of mine life. By individual metal, this equates to 17,600 t of copper, 28,900 t of zinc, 20,000 oz of gold and 486,000 oz of silver.