Newmont has secured key regulatory approvals from the Province of British Columbia (BC), Canada, for its Red Chris Block Cave project in the Golden Triangle.

These approvals facilitate the conversion of the Red Chris Mine from open-pit operations to block caving, potentially extending its operational lifespan into the mid-2040s.

They include an amended Environmental Assessment Certificate, achieved through collaboration with the Tahltan Nation, and an amended Mines Act permit.

The Red Chris site holds considerable mineral potential beyond the initial authorised phase.

Located in an emerging mining district, the Red Chris Mine benefits from significant mineral resources, access to clean hydroelectric power and governmental support. It also benefits from First Nations economic involvement.

Newmont president and CEO Natascha Viljoen said: “The Red Chris Block Cave project represents a compelling long-term opportunity and today’s approvals mark a significant milestone in stage-gating as Newmont progresses toward a final investment decision later this year.

“We are proud to have advanced this project through a consent-based framework with the Tahltan Nation, reflecting our shared commitment to responsible resource development.”

Newmont is finalising a definitive feasibility study (DFS) and cost estimate for the Red Chris Block Cave.

The project is set to create more than 1,800 construction jobs and support roughly 1,500 peak-season operational roles. Additionally, it is expected to boost Canada's copper production by approximately 15%.

Newmont holds a majority stake in the Red Chris Mine, with Imperial Metals owning a 30% share.

The company also operates the Brucejack Mine and holds a 50% stake in the Galore Creek Mining Corporation.

In October 2025, Newmont declared that its Ahafo North project in Afrisipakrom, Ghana, reached commercial production following the initial gold pour on 19 September 2025.