Newmont Corp., a U.S. gold miner, plans major investments in British Columbia, including a $2B mining project.

US gold miner Newmont Corp. has become a major player in British Columbia (BC) after acquiring Goldcorp in 2019. Headquartered in Denver but with Vancouver as its North American hub, Newmont plans multibillion-dollar investments in the region, including a $2 billion block cave mining project for the Red Chris mine. The company also aims to develop the Galore Creek project, Canada's largest undeveloped copper deposit, which could increase Canada's copper production by 35%.

November 15, 2024
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