Imperial Reports Red Chris Mine Block Cave Planning Progress and 2026 Third Quarter Production Update
Globe Newswire•22/10/2026•19:12 ET
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Key Highlights
- ➤Red Chris feasibility study nears completion; full investment decision expected early 2027
- ➤Red Chris block cave offers potential 70-year mine life
- ➤$500 million Canadian government contribution supports Red Chris critical-minerals project
- ➤Red Chris Q3 production fell 29% copper and 43% gold year over year
- ➤Mount Polley revised 2026 guidance to 16–18 million pounds copper, 30,500–33,700 ounces gold
VANCOUVER, British Columbia, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports advancement on the definitive feasibility study for the Red Chris Block Cave mine, as well as the mine production from Red Chris and Mount Polley mines for 2026 third quarter. The following description of the Red Chris Block Cave update is largely adopted from Newmont Corporation (“Newmont”) released information earlier today.
Initial Development Establishes Foundation for Potential 70-Year Copper-Gold Operation:
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