Mines Act permit issued for Red Chris copper and gold mine in northern BC
On May 4, 2012, the Red Chris Development Corporation, a subsidiary of Imperial Metals, received a Mines Act permit from the B.C. government.
The Red Chris copper and gold mine is located south of Dease Lake in northern British Columbia. The projected capital cost of the development is estimated at $444 million and will create 250 full-time jobs in the area.
Chairman of the board for Imperial Metals Corp, Pierre Lebel, said in a press release, “We are privileged to be developing the world-class Red Chris deposit, together with a highly capable group of First Nations contractors, local businesses and individuals resident in our northern communities, which have been hardest hit by declines in the forest industry.”
A Red Chris Monitoring Committee will be established to provide a forum for First Nations, government and Imperial Metals to review and address environmental concerns and potential impacts throughout the project’s life.
The mine is expected to have a life of 28 years, with a reserve of 276 million tonnes of copper and gold.
