Canada Commits C$500 Million to Red Chris Copper-Gold Expansion

Published: Jul 6, 2026 09:27

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The Canadian government confirmed C$500 million in support for Newmont’s Red Chris Block Cave expansion in British Columbia. The project is expected to increase Canada’s annual copper output by more than 15% and reduce greenhouse gas emissions by over 70% once operational. Recent regulatory approvals pave the way for the mine’s transition from open pit to underground block cave mining.

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