Magna Mining announced the results of a Pre-Feasibility Study for its Crean Hill Project in Sudbury, Ontario, confirming a 12-year underground mine life with 11.4 million tons of probable reserves. The project shows robust economics with an after-tax IRR of 43.4% and a payback period of 1.5 years based on base case metal prices. Initial capital costs are estimated at C$127 million, with net funding of C$72.4 million after tax credits and pre-commercial cash flow. Construction is approved to start in 2027, with commercial production expected by early 2030, and ongoing exploration drilling aims to expand resources.
Magna Mining's Crean Hill project is reported to begin construction in 2027, with a 12-year mine life and strong financial metrics. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 21, 2026 17:11 WIB: out of 83 priced US stocks, 44 rose and 34 fell. Notable movers include Gold Fields Limited at USD 36.85 (+1.71%, 99% buy order activity), FMC Corp at USD 5.39 (+1.51%, 96% buy order activity), and DuPont de Nemours Inc at USD 130.45 (-1.89%, typical hold time 90 days).
The Human Feedback Foundation, supported by RBC, has launched the Agentic AI Design Exchange, a national program aimed at helping Canadian nonprofits design, build, and deploy AI agents responsibly. Funded through RBC's Stronger Nonprofits Program, t...
Satellos Bioscience Inc., a clinical-stage company focused on treatments for degenerative muscle diseases, announced its management will participate in two investor conferences in November: the Guggenheim Healthcare Innovation Conference on Nov 9 in ...
YYForce Inc. has purchased 20 wearable data collection systems to gather real task data from hotel room service at Novotel Singapore. This project aims to record and analyze experienced staff performing tasks like bed-making, towel folding, and clean...
The global digital health and remote patient monitoring market is projected to grow from $26.8 billion in 2025 to $80.8 billion by 2031, at a compound annual growth rate of 20.2%. This growth is driven by increasing demand for chronic disease managem...
The global private credit and alternative lending market, valued at $2.31 trillion in 2026, is expected to grow at a 7.8% CAGR to reach $3.36 trillion by 2031. Recent liquidity pressures in 2025, triggered by bankruptcies and AI sector concerns, caus...
