- Imperial acquired Red Chris project in 2007
- mine construction May 2012-Nov 2014
- hydro transmission line completed 4Q2014
- mine commissioning commenced 4Q2014
- construction cost $661.9 million (Dec 31/14)
- 30,000 tpd open pit conventional milling operation
- current mine life to 2043
Red Chris is a 30,000 tonne per day open pit copper mine located in northwest British Columbia, 80 kilometres south of Dease Lake. The Red Chris property comprised of the main and south claim groups covers a total area of 29,066 hectares. The Red Chris mine is operated by Red Chris Development Company Ltd. (RCDC), a subsidiary of Imperial.
Commissioning of the mine commenced in late 2014. Mill operations began February 15, 2015 and the first copper concentrate was produced on February 17, 2015. The mine achieved the accounting criteria for commercial production on July 1, 2015. On July 27, 2015 RCDC and the Tahltan Nation signed an Impact, Benefit and Co-Management Agreement which provides the basis for partnership between the Tahltan people and Red Chris for the life of the mine.
Current mining activities are focused in the East and Main zones, with the bulk of the mill feed coming from the Main zone. The 2016 production target is 90-100 million pounds copper and 60-70,000 ounces gold.
Red Chris 2015 Production
| Year Ended
||December 31, 2015
|Copper - lbs
|Gold - oz
|Silver - oz
For current and/or additional information, refer to the Company’s Press Releases
, Quarter Reports & Annual Information Form
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