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
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Last updated 10/21/2021 at 2:50pm
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 this e...
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