When did Newcrest buy Red Chris?

When did Newcrest buy Red Chris?

15 August 2019
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.

Is Red Chris mine underground?

Red Chris is an operating open pit mining both the East and Main Zone resources. The underground Mineral Reserves are based on transitioning from open pit to underground mining of the East Zone resource at depth.

What does Red Chris mine?

Red Chris is located on the west edge of the Intermontane Belt of the Canadian Cordillera. The ore is a copper-gold porphyry type deposit that occurs in the Late Triassic age Red Stock, a monzonite that intrudes older sedimentary and volcanic rocks.

Why did Mount Polley fail?

An investigation into the cause of the spill revealed mine engineers failed to account for glacial silt underneath the tailings containment pond, leading to structural insufficiencies that caused the dam’s collapse. No charges or fines have been laid in response to the disaster.

When did Red Chris mine start?

A mining permit for the Red Chris project was granted in May 2012 after which, construction began immediately. Mining operations began with the excavation of ore-grade material and the first copper concentrate was produced on 17 February 2015.

What does Newcrest Mining mine?

Newcrest Mining Limited is engaged in the exploration, development, mining and the sale of gold and gold/copper concentrate. The company owns and operates mines across Australia, Indonesia, Papua New Guinea and the Ivory Coast.

Who is Imperial Metals?

Welcome to Imperial Metals Imperial is an exploration, mine development and operating company based in Vancouver, British Columbia. Our expertise and focus is on base and precious metals. We own, through our subsidiaries, 30% interest in the Red Chris mine, and a 100% interest in the Mount Polley and Huckleberry copper mines in British Columbia.

Who is Imperial Mining Group Ltd?

Imperial Mining Imperial Mining Group Ltd. is a new and dynamic multi-metal exploration and deposit development company. Imperial was formed by the roll-in of the Québec gold and copper-zinc properties of NQ Exploration Inc. (TSX-V: NQE) with the technology metals project (scandium / niobium / tantalum / rare earths) of Peak Mining Corporation.

How many mineral claims did Imperial Metals Corporation acquire from Freeport?

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”), has acquired four mineral claims totalling 6,834.47 hectares from Freeport-McMoRan Mineral Properties Canada Inc. for the consideration of claim assessment work expenditures and a 0.5% Net Smelter Return royalty.

Why choose Imperial install?

Imperial’s Install team has a broad territory of mobilization from Ontario, Manitoba, Saskatchewan and the Northwest Territories. They have a drive for quality craftsmanship and meeting the schedule & goals of a project. IMI is commited to meeting the latest standards in safety & quality.

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top