North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Red Chris block cave mining shows promise

Further opportunities to be detailed in 2023 feasibility study North of 60 Mining News – October 15, 2021

 

Last updated 10/21/2021 at 2:50pm

Red Chris Golden Triangle British Columbia Canada block cave mining Newcrest

Newcrest Mining Ltd.

An Oct. 11 feasibility study details plans to establish an underground block cave mine below the current open-pit mining at the Red Chris copper-gold project in Northern BC.

A block cave mine at the Red Chris project in British Columbia's Golden Triangle is forecast to produce 316,000 ounces of gold annually over the first six years at a cost of negative US$144/oz after accounting for the value of the 80,000 metric tons of copper also recovered each year, according to a prefeasibility study published by Newcrest Mining Ltd. on Oct. 11.

The Australian miner says thi...



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