Newmont is pleased to express its support for the Northwest BC Resource Benefits Alliance (RBA) and its efforts to work with the Province of British Columbia to strengthen the communities that host and enable major industrial development across northwest British Columbia.
In November 2023, Newmont established a significant presence in northwest British Columbia through the acquisition of the Red Chris Mine and the Brucejack Mine. The company also holds a 50 percent interest in the Galore Creek project. This region is home to 74 percent of Canada’s copper resources, a critical mineral essential to electrification and emerging technologies, and our projects have the potential to increase Canada’s copper production by more than 50 percent. With a unique combination of rich mineral endowment, access to clean hydroelectric power, ports that provide trade access to global markets, and a stable regulatory environment, British Columbia’s Golden Triangle is one of the most compelling Tier 1 mining districts in the world.
Across the region, Newmont employs approximately 2,500 people during peak season and maintains annual project and operational procurement spending in excess of $1 billion. The company has a multi-generational vision for northwest British Columbia extending to the end of the century, contingent on a positive investment decision for the Red Chris Block Cave project. Newmont is advancing this vision in close partnership with the Tahltan Nation, whose leadership continues to demonstrate the positive outcomes of collaborative and reconciliation-based resource development.
The communities that host and support our operations, including Dease Lake, Stewart, Terrace, and Smithers, are critical to our success. They provide staging and logistics hubs, port access for importing supplies and exporting copper and gold concentrates, transportation infrastructure, and local businesses that support day-to-day operations. They are also home to the airports and healthcare services that underpin safe and reliable operations, as well as the skilled and dedicated workforce that contributes to British Columbia’s economic prosperity. As industrial activity grows, these communities face increasing demands without the resources required to keep pace.
Renewed and predictable funding for the RBA will help ensure that these vital host communities can plan, build, and maintain the infrastructure needed to support industry. Strong communities reduce project risk, enhance workforce stability, and strengthen the long-term competitiveness of the region.
Sincerely,
John Mullally
Head of External Relations & Social Performance for Canada Newmont
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