Newmont Secures Key Approvals for Red Chris Underground Expansion Project

Published: Jun 24, 2026 09:30

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Newmont announced that its Red Chris copper-gold mine in British Columbia, Canada, has received key regulatory approvals, including an amended Environmental Assessment Certificate and Mines Act permit. The approvals support the transition from open-pit mining to a block cave underground operation and are expected to extend the mine's life into the mid-2040s. The company plans to make a final investment decision later this year. Red Chris hosts an estimated 20 million ounces of gold and 13 billion pounds of copper across its resource base. The project could play an important role in strengthening Canada's copper supply, with forecasts indicating it may increase national copper production by approximately 15% once fully developed.

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