Mar 11, 2019· Imperial Metals will sell 70 per cent of its Red Chris copper and gold mine in British Columbia to Australian gold and copper producer Newcrest Mining for US$806.5 million, the company announced Monday.. The joint venture comes at a time of financial strain for Imperial. In September 2018, the company announced that it would begin a financial and …
Get Price
Red Chris is a Late Triassic porphyry Cu-Au- (Mo) deposit in the Stikinia island-arc terrane in northern B.C. Late Triassic sedimentary and volcanic rocks of the Stuhini Group host a series of Late Triassic to Early Jurassic (204–198 Ma) diorite to quartz monzonite stocks and dikes.
Get Price
Oct 06, 2020· The Red Chris copper-gold mine in B.C. Credit: Newcrest Mining Following its acquisition of a 70% stake in the Red Chris copper-gold mine in British Columbia last year, Australia’s largest listed gold miner, Newcrest Mining, will begin trading on the Toronto Stock Exchange on Oct. 13.
Get Price
Mar 12, 2019· Newcrest Mining will acquire 70 per cent of the Red Chris copper-gold mine for $US806.5 million ($1.14 billion) in British Columbia, Canada.
Get Price
Jul 06, 2020· Newcrest Mining has big plans for Red Chris March 23, 2019 Imperial Metals (III.TO) has been able to avoid financial hardship by selling a 70% stake in the Red Chris copper-gold mine in British Columbia to Newcrest Mining (ASX:NCM) a major […]
Get Price
Feb 13, 2020· “The Company reports production at the Red Chris mine for the 2019 third quarter was 19.5 million pounds copper and 8,419 ounces gold,” an October press release from Imperial Metals, Newcrest ...
Get Price
As the company builds Red Chris, an open-pit, copper-gold mine in northwestern B.C., it is relying on these same tactics and proving that pragmatism can be highly effective. Red Chris is being built into an open-pit mine served by a 30,000-tonne-per-day mill and flotation facility.
Get Price
Red Chris Development Company Ltd., a subsidiary of Imperial, holds 30% interest in the Red Chris copper/gold mine in northwest British Columbia, 80 km south of Dease Lake. The Red Chris property encompasses 23,142 hectares, and is comprised of the main and south claim groups, consisting of 77 mineral tenures, five of which are mining leases.
Get Price
The Red Chris gold mine in Canada. Australia's biggest gold miner said getting an operation in North America, in a jurisdiction as stable as British Columbia, were also key considerations.
Get Price
Imperial is a Vancouver exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a interest in both the Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a 48% interest in the Ruddock Creek lead/zinc property. About Newcrest
Get Price
In March 2019, and following an intensive due diligence process, Newcrest entered into an agreement with Imperial Metals to acquire 70% of the Red Chris Mine. The acquisition completed on 15 August 2019.
Get Price
Mar 11, 2019· VANCOUVER - Shares in Imperial Metals Corp. soared in early trading after the company announced a deal to sell a 70 per cent interest in its Red Chris copper and gold mine in …
Get Price
Red Chris Mine, Kinaskan Lake, Liard Mining Division, British Columbia, Canada : Poprhyry copper-gold deposit. Acquired by Imperial Metals in 2007, mine construction completed in November 2014. Current mine life to 2043.
Get Price
• Large, prospective property in Canadian mining jurisdiction within 20 kilometres of Red Chris copper-gold mine • Access to provincial power grid, local highway and shipping port • Highly favourable topography for the potential future development of …
Get Price
Mar 10, 2020· Last year, Newcrest acquired a 70% joint-venture interest in the Red Chris copper and gold mine in British Columbia, Canada, as part of an ongoing push by the world’s top bullion miners to get even...
Get Price
Newcrest Mining (ASX: NCM) says there is potential to transform Imperial Metals’ (TSX: III) Red Chris copper-gold mine in northwestern British Columbia into a tier-one operation, and is spending US$806.5 million to acquire a 70% joint-venture stake in the mine and surrounding 230 sq. km land package. “We do not do mergers and acquisitions purely to get bigger or for the sake of adding ...
Get Price
With gold and copper production dropping and costs increasing, the Red Chris mine, in British Columbia, Canada, is set for a number of improvement initiatives, according to 70% owner Newcrest Mining. In the company’s September quarter results, Newcrest said Red Chris gold and copper production came in at 12,636 oz and 7,050 t, respectively ...
Get Price
Sep 17, 2018· Imperial Metals' financial troubles stem from cost overruns during the construction of its Red Chris copper-gold mine in British Columbia a few …
Get Price
Aug 15, 2019· The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a interest in both the Mount Polley and Huckleberry copper mines in …
Get Price
Aug 16, 2019· Red Chris, which began production in 2015 and is located 80 km south of Dease Lake, hosts reserves of 301.5 million tonnes grading 0.36% copper and 0.27 g/t gold. Production for 2019 is forecast at 72-76 million lb. copper and 36,000 to 38,000 oz. gold. Newcrest has said it has identified a clear path to turn Red Chris into a Tier 1 operation.
Get Price
Red Chris production in Q4 2020 was 17.2 million lbs copper and 16,251 oz gold, compared to 22.2 million lbs copper and 18,052 oz gold in Q3 2020. In its metal production guidance, Newcrest has said it expects Red Chris to produce 55.1 to 66.1 million lbs copper and 45,000 to 55,000 oz gold from July 1, 2020, to June 30, 2021.
Get Price
Red Chris is a copper-gold mine in British Columbia, Canada. The mine uses conventional drill blast open pit mining methods to feed a 30kt/d processing plant to produce a copper concentrate. After mine and mill commissioning had been achieved in early 2015, Red Chris declared commercial production from July 2015.
Get PriceThe Red Chris copper/gold mine is located in northwest British Columbia and has been operating since 2012. A 70% stake in it was recently acquired by the Australian gold mining giant, Newcrest Mining. 2019 metals production at Red Chris was 71.9 million pounds copper, 36,471 ounces gold, and …
Get Price
Newcrest Mining (ASX: NCM) says there is potential to transform Imperial Metals’ (TSX: III) Red Chris copper-gold mine in northwestern British Columbia into a tier-one operation, and is spending US$806.5 million to acquire a 70% joint-venture stake in the mine and surrounding 230 sq. km land package. “We do not do mergers and acquisitions purely to get bigger or for the …
Get Price
The Red Chris copper/gold property is located 80 km south of Dease Lake in the traditional territory of the Tahltan First Nation in northwest British Columbia. Greyback’s portion of work at the Red Chris mine included the construction of concrete foundations for the Main Ore Processing Plant, which had a foot print of 9,900 sq meters.
Get Price
Aug 16, 2019· Red Chris, which began production in 2015 and is located 80 km south of Dease Lake, hosts reserves of 301.5 million tonnes grading 0.36% copper and 0.27 g/t gold. Production for 2019 is forecast at...
Get Price
Mar 13, 2019· Newcrest Mining has opened up a sizeable opportunity via a copper-gold mine in Canada, acquiring a 70% stake in Red Chris for US$806.5m, a potential tier-1 mine. A tier-1 mine is defined as over 300,000 ounces per annum, with costs of less than US$800/oz and a life of at least 15 years.
Get Price
The Red Chris extension was purchased by BC Hydro and extends another 94 km north to the Red Chris copper-gold mine. Run-of-river hydroelectric generating projects constructed in the area supply power to the grid and include AltaGas’s Forest Kerr, McLymont and Volcano facilities and Regional Power’s Long Lake power plant.
Get Price
Newcrest Mining GM for exploration Fraser MacCorquodale is bullish about the exploration upside at the Red Chris copper-gold mine in British Columbia, Canada Exploration / Development > Discovery ...
Get PriceRed Chris is a copper-gold mine in British Columbia, Canada. The mine uses conventional drill blast open pit mining methods to feed a 30kt/d processing plant to produce a copper concentrate. After mine and mill commissioning had been achieved in early 2015, Red Chris declared commercial production from July 2015.
Get Price
Red Chris is a copper and gold porphyry deposit with an operating open-pit mine and mineral resources of 20 million ounces of gold and 13 billion pounds of copper. It was previously held by Imperial, who acquired the project in 2007 and spent $662 million building the mine. First production was achieved in …
Get Price
Red Chris Mine is owned by Imperial Metals, who bought the project in 2007. Mine construction ran from 2012 to 2014 and cost nearly $662 million. The mine now produces 30,000 tons of copper/gold concentrate per day and is expected to operate all the way to 2043. An open pit conventional milling operation, it employs about 300 staff, who fly in and
Get Price
Red Chris is a Late Triassic porphyry Cu-Au-(Mo) deposit in the Stikinia island-arc terrane in northern B.C. Late Triassic sedimentary and volcanic rocks of the Stuhini Group host a series of Late Triassic to Early Jurassic (204–198 Ma) diorite to quartz monzonite stocks and dikes.
Get Price
Red Chris is a copper and gold porphyry orebody with an operating open-pit mine and resources of about 20 million ounces of gold and 13 billion pounds of copper. The mine has the potential to become a tier-one asset through block caving, Newcrest noted in a March 11 release. The property comprises 23,142 hectares of land with 77 mineral tenures.
Get Price
Mar 13, 2019· Newcrest Mining has opened up a sizeable opportunity via a copper-gold mine in Canada, acquiring a 70% stake in Red Chris for US$806.5m, a potential tier-1 mine. A tier-1 mine is defined as over 300,000 ounces per annum, with costs of …
Get Price
Jun 17, 2015· The Red Chris copper and gold mine got final approval last week to discharge wastewater in the Stikine River watershed. The final permit was delayed because of extra scrutiny by a First Nations group and the B.C. government. It was the last environmental hurdle for the mine to jump before being guaranteed full use of its tailings storage facility.
Get Price
An Australia-based gold mining company is making a first-ever appearance in North America thanks to its purchase of 70 per cent of the Red Chris copper and gold mine north of here from Imperial Metals. Valued at US $806.5 million, the Newcrest Mining Ltd. purchase is to close later this year with the company becoming the mine’s operator.
Get Price
Feb 02, 2012· Imperial’s wholly owned Red Chris copper/gold project is located 80 kilometres south of Dease Lake in northwest British Columbia. The property lies at an elevation of 1,500 metres above sea level on a plateau with topography and climate favourable to mining …
Get Price
The Red Chris mine, near Dease Lake, north-west British Columbia, is moving to the next chapter with Australian gold miner Newcrest now the majority owner and operator of the copper/gold mine.
Get PriceDec 12, 2013· The Red Chris deposit is a copper-gold porphyry deposit in northern British Columbia, Canada. Red Chris is owned by the Red Chris Development Company Ltd. which is wholly owned by Imperial Metals Corporation (TSX:III).
Get Price