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Foraco International SA (FAR.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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2.9600+0.0900 (+3.14%)
At close: 03:56PM EDT

Foraco International SA

26 Plage de l’Estaque
Marseille 13016
33 4 96 15 13 60

Sector(s)Basic Materials
IndustryOther Industrial Metals & Mining
Full Time Employees2,756

Key Executives

NameTitlePayExercisedYear Born
Mr. Timothy BremnerChief Executive Officer527.58kN/AN/A
Mr. Fabien SevestreChief Financial Officer342.59kN/AN/A
Mr. Olivier DemesySenior VP of SAM & EMEA398.57kN/AN/A
Ms. Laurence MahieuxGeneral Counsel & Compliance OfficerN/AN/AN/A
Mr. Peter JacobsSenior Vice President of Asia Pacific382.48kN/AN/A
Mr. Philippe ViolleVice President of Engineering & Technical Services171.99kN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.


Foraco International SA, together with its subsidiaries, provides drilling services in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific. It operates through two segments: Mining and Water. The company offers exploration, development, and production drilling services to the mining industry for energy transition, gold, and mineral exploitation; 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. In addition, the company offers drilling services for the environmental and construction industry, such as geological exploration and geotechnical drilling. It serves mining companies and official development assistance providers. Foraco International SA was founded in 1961 and is headquartered in Marseille, France.

Corporate Governance

Foraco International SA’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.