Magna Mining announces funding award from the CMIF

The award will be applied towards metallurgical work related to enhancing precious metal recoveries from contact and footwall mineralization at Crean Hill, which was carried out as part of the surface bulk sample programme in 2024.

Paul Fowler, Magna Mining’s Senior Vice President, stated:

“We are extremely pleased to be the recipients of this funding programme, and we are delighted that the Ontario government is supporting our efforts to develop new critical mineral production in Sudbury. We look forward to continuing to work with the Ontario government through initiatives such as the CMIF and the new CAN$500 million Critical Minerals Processing Fund to execute our plans to re-start multiple new mining operations and increase copper and nickel production in Sudbury over the next three to four years.”

Stephen Lecce, Minister of Energy and Mines, said:

“Ontario is doubling down on its leadership in the critical minerals sector, and our CMIF is a core component of this strategy. This investment will help efforts to enhance mineral recoveries in the historic Sudbury basin and create good paying jobs for Canadians. By supporting Magna Mining’s Crean Hill project in advancing mineral processing work to maximise precious metal yields and boost copper and nickel output, we are helping to write the next chapter for Sudbury’s mining sector while powering Ontario’s future as a key supplier of the critical minerals essential for a modern and competitive economy.”

Read the article online at: https://www.globalminingreview.com/exploration-development/25062025/magna-mining-announces-funding-award-from-the-cmif/