Newmont wins British Columbia approvals for Red Chris block cave transition

Newmont Corporation

Newmont Corporation

NEM

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  • Newmont won British Columbia regulatory clearances to shift its Red Chris mine from open-pit to block-cave mining.
  • Authorization package includes amended environmental assessment certificate, reached via a consent-based process with the Tahltan Nation.
  • Move would extend Red Chris mine life into the mid-2040s, supporting a final investment decision targeted later this year.
  • Project forecast: more than 1,800 construction jobs, about 1,500 peak-season operating roles, roughly 15% lift in Canada’s copper output.
  • Newmont holds a majority stake in Red Chris; Imperial Metals is the 30% joint-venture partner.


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