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Newmont Corp. is expected to make a decision later this year regarding the $2.4 billion extension of its Red Chris copper and gold mine in British Columbia. The project requires environmental approval, consent from the Tahltan First Nation, and a final investment decision before proceeding.

The Red Chris extension is highlighted on the priority lists of Premier David Eby and Prime Minister Mark Carney as a critical resource project for economic diversification. Newmont emphasizes a cautious approach, focusing on technical readiness and long-term operational safety.