Monday, October 20, 2025

Restarting Sudbury’s Crean Hill Nickel & Copper Mine with Paul Fowler of Magna Mining

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Steve interviewed Paul Fowler, Senior VP of Magna Mining Inc. (TSXV: NICU). Fowler provided comprehensive insights into Magna’s operations and strategic plans.

The conversation centered on Magna’s projects in the renowned Sudbury mining district, with particular emphasis on their flagship Crean Hill nickel-copper-PGM project. Fowler outlined the company’s strategy to revitalize this brownfield site, emphasizing the significant advantages of operating in an established mining region with existing infrastructure and skilled workforce.

“We have all the agreements in place such that when we start mining, we simply mine the ore, we send it to one of the local mills, and we start generating revenue,” Fowler shared. “That process will start from surface — the blasting will start from the surface next week, we’ll stockpile it for a short period of time, and then we’ll send it off, in this case to Glencore Strathcona Mill. Shortly thereafter, we’ll start generating modest revenues.”

Fowler detailed Magna’s imminent plans for test mining at Crean Hill, a crucial step in de-risking the project and validating its economic potential. He also discussed the company’s ore-selling agreements with major mills in the area, highlighting Magna’s ability to leverage existing processing facilities rather than building their own.

Addressing broader industry challenges, Fowler discussed the current capital market landscape for junior miners. He touched on Magna’s key investors, potentially indicating strong institutional support for the company’s plans.

Looking ahead, Fowler emphasized Magna’s execution-focused approach for the coming year.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Chinese Mining Firm Challenges Canadian Security Review of Peruvian Gold Mine Acquisition

Jinteng Mining, a subsidiary of Chinese state-owned Zijin Mining Group has filed for judicial review...

Monday, August 12, 2024, 04:26:00 PM

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

In this interview, Joaquín Marias, President and CEO of Argenta Silver Corp. (TSXV: AGAG), talks...

Monday, July 14, 2025, 02:18:00 PM

Interra Copper Launches Maiden Drill Program At Thane Property

Interra Copper Corp (CSE: IMCX) this morning announced that they have begun drilling. The maiden...

Wednesday, July 21, 2021, 02:59:00 PM

Max Resource Assays 3.0% Copper, 29 G/T Silver Over 250 Metres Via Grab Sample

Max Resource Corp (TSXV: MXR) released further results from its Cesar Copper-Silver property, located in...

Wednesday, October 28, 2020, 07:54:45 AM

Pegasus Resources Assays 35.5% Copper, 360 G/T Silver In Samples At Vertebrae Ridge

Pegasus Resources (TSXV: PEGA) this morning released the results of its fall 2020 prospecting program...

Thursday, January 21, 2021, 09:13:00 AM