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Red Chris mine gets key approvals to shift to block cave mining, extending life to mid-2040s.

Company Fundamentals
19 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

The Red Chris mine in British Columbia has received major regulatory approvals to transition from open pit to block cave mining, allowing operations to continue into the mid-2040s. This move, supported by the Tahltan Nation and provincial authorities, is expected to create over 1,800 construction jobs and sustain about 1,500 operating roles at peak. The project, operated by Newmont Corporation with Imperial Metals holding a 30% stake, will boost Canadian copper production by around 15%. A final investment decision is anticipated later this year following a Definitive Feasibility Study and cost assessment.

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