Foraco International SA (TSX:FAR)
Canada flag Canada · Delayed Price · Currency is CAD
2.080
-0.020 (-0.95%)
Mar 28, 2025, 10:38 AM EST

Foraco International Company Description

Foraco International SA, together with its subsidiaries, provides drilling services in North America, South America, the Asia Pacific, the Middle East, Africa, and Europe.

It operates through two segments: Mining and Water. The company offers exploration, development, and production drilling services to the mining industry for energy transition and gold, as well as for mineral exploitation of precious and base metals, coking coal, iron ore, lithium, and diamonds; underground drilling services; and various geological sampling and testing techniques, including chips and cores, stabilized holes for blasting, logging, boreholes to be used for injection of water or acid, cold water injection, production boreholes, large diameter core, and dual tube rotary bulk samples.

It also installs production pumps for dewatering purposes; and provides drift stabilization or water table protection for decommissioning of mineral production facilities.

In addition, the company drills wells for drinking, irrigation, and industrial water; undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods for the bottled water industry, and large diameter well fields for residential supply in urban environments; and offers inspection, servicing, and rehabilitation services for existing wells.

Further, it supplies drinking water; collects mineral water; controls, maintains, and renovates existing installations and dewatering for mining; and offers drilling services for the environmental and construction industry, such as geological exploration and geotechnical drilling.

Foraco International SA was founded in 1961 and is headquartered in Marseille, France.

Foraco International SA
Foraco International logo
Country France
Founded 1961
Industry Other Industrial Metals & Mining
Sector Materials
Employees 1,850
CEO Timothy Bremner

Contact Details

Address:
26 Plage de l’Estaque
Marseille, 13016
France
Phone 33 4 96 15 13 60
Website foraco.com

Stock Details

Ticker Symbol FAR
Exchange Toronto Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number FR0010492199
SIC Code 1000

Key Executives

Name Position
Timothy Bremner Chief Executive Officer
Fabien Sevestre Chief Financial Officer
Laurence Mahieux General Counsel and Compliance Officer