VANCOUVER, BC – Michael Goehring, President & CEO of the Mining Association of British Columbia (MABC) made the following statement on Newmont Corporation receiving regulatory approval for the Red Chris Block Cave Project.
“The regulatory approval of Newmont’s Red Chris Block Cave Project in Northwest BC is excellent news for British Columbians and a vote of confidence in BC’s mining sector.
“The project will generate substantial economic benefits for the Tahltan Nation, local communities, and all British Columbians. It includes several billion dollars in capital investment, creating more than 1,800 jobs during construction and sustaining approximately 1,500 operating jobs until at least 2040. The mine will increase Canada’s copper production by 15 per cent.
“The Red Chris Block Cave Project is the seventh major BC mine or mine extension permitted in the last 18 months. While this is great news, we urge the provincial government to build on this momentum by accelerating permitting for more mines to make BC’s and Canada’s economy stronger.”
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About the Mining Association of British Columbia
The Mining Association of British Columbia (MABC) is the voice of British Columbia’s steelmaking coal, metal and mineral producers, smelters, and advanced development companies. Our industry benefits all British Columbians and supports more than 56,000 jobs, $27 billion in economic activity, and nearly 4,000 small, medium, and Indigenous affiliated businesses in every corner of our province.
Our members’ products have among the lowest carbon footprints globally and are helping Canada and our allies meet our decarbonization, technology, and national security objectives; safely and responsibly.
For media inquiries
Jayne Czarnocki
Mining Association of British Columbia
Cell: 778-957-2597
Email: [email protected]
