Episode Details
Back to EpisodesNewmont's Red Chris Block Cave Gets BC Green Light, Vale and Glencore Form Sudbury Copper Partnership, Ghana Weighs Seizing Gold Fields' Biggest Mine, and Pilbara Minerals Doubles Down on Lithium
Published 3 months, 4 weeks ago
Description
Episode Date: June 20, 2026 | Host: Logan Ore
On today's Mining Insider:
- Newmont Red Chris Block Cave: BC grants Environmental Assessment Certificate and Mines Act permit; 20Moz gold + 13B lbs copper resource; several billion in capex; FID targeted late 2026; 1,800 construction jobs; mine life to mid-2040s
- Vale Base Metals + Glencore Sudbury JV: brownfield copper project; 880,000t copper over 21 years; $1.6–$2B capex; equal-partner JV upon study completion
- Ghana / Gold Fields Tarkwa: government weighs local-company transfer when leases expire April 2027; royalties raised to 12%; Gold Fields in active renewal discussions
- Pilbara Minerals P2000: $175M pre-FID approved; doubles Pilgangoora to 2 Mtpa; full project $1.2B; first ore 2029; FID Q4 2026
Flashpoint: BHP Port Hedland — three-union ultimatum expires this weekend; five-day strike notice may follow Monday.
Sources: Mining.com, Imperial Metals GlobeNewswire, Bloomberg / Business Insider Africa, The West Australian, Grafa/Reuters, Vale investor day filing