NYSE:NEMMetals and Mining
Newmont (NEM) In Focus As Red Chris Approval Revives The Case For Higher Value
Regulatory green light for Red Chris puts Newmont in focus
Newmont (NEM) is back on investors’ radar after British Columbia approved key regulatory authorizations for the Red Chris Block Cave project, clearing the way for a shift to long life underground mining.
The amended Environmental Assessment Certificate and Mines Act permit allow Newmont and its partners to transition Red Chris from open pit operations to block caving, with approvals supporting mine life into the mid 2040s and...