Forsys Metals
Canadian mining company
Forsys Metals is a Canadian mining company with gold and uranium operations in Namibia, particularly the Norasa uranium project.
As of November 2011 the company had market capitalization of about CDN$55 million.
Forsys was listed on the Toronto Venture Exchange in September 2004, and moved up to the Toronto Stock Exchange in October 2006.
In July 2005 Forsys acquired a 90% interest in the Valencia uranium deposit in Namibia and in March 2007 raised its position to 100% ownership. Based on prospecting on the property, Forsys filed a technical report estimating Valencia reserves in June 2007.
After clearing environmental requirements, in August 2008 the Namibian government granted Forsys a 25-year mining licence for Valencia.
In November 2008 George Arthur Forrest attempted to buy Forsys Metals through a subsidiary of his Forrest Group, offering CDN$579m. The company's management supported the offer.
The deal foundered in September 2009. Forrest had not been able to find financial backers that would be acceptable to the Canadian Federal government.
This brief starts where responsible research should: with the source description of “Forsys Metals” as canadian mining company. Everything that follows is an evidence route, not borrowed authority.
Why this record matters
The subject matters to the history & society register because the source frames it as canadian mining company. Its deeper value depends on whether names, dates, institutions and citations support that framing.
Contemporary correspondence, administrative files and participant testimony can test how later narratives organized the event or institution. The source revision retrieved here is dated Jun 15, 2026. The linked authority identifier is Q5470641. 1 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2011, 2004, 2006 and 2005.
Institutional narratives can privilege the records that survived while minimizing voices that were never formally collected. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
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Contemporary correspondence, government or organizational records, oral histories and cited historical scholarship.
Three-step research path
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- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
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This entry incorporates text from “Forsys Metals” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.