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Foran Mining Corp. has announced that its 100% owned McIlvenna Bay deposit will become the world’s first carbon neutral copper development project. The company has partnered with leading carbon measurement firm and sustainability advisory firms, Carbonzero and Synergy Enterprises, to accurately record its emissions and purchase verified offsets for the carbon emitted from all exploration activities over the past 10 years at the deposit.
The move underscores Foran’s commitment to building the world’s first fully carbon-neutral copper mine and is part of its broader mission to create a blueprint for responsible mining that causes the least possible harm from day one through the innovative use of technology, renewable energy and fleets of electric vehicles and equipment. By offsetting the carbon emitted in the exploration phase, Foran aims to ensure that it accounts for the entire impact of the project from development, through to operations, to eventual closure.
McIlvenna Bay Set to Become the World s First Carbon Neutral Copper Development Project
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VANCOUVER, BC, April 22, 2021 /CNW/ - Foran Mining Corporation (TSXV: FOM), (OTCQX: FMCXF) ( Foran or the Company ) is delighted to announce that its 100% owned McIlvenna Bay deposit ( McIlvenna Bay or the Deposit ) will become the world s first carbon neutral copper development project. The Company has partnered with leading carbon measurement firm and sustainability advisory firms, Carbonzero and Synergy Enterprises, to accurately record its emissions and purchase verified offsets for the carbon emitted from all exploration activities over the past 10 years at the Deposit.