Imperial Reports Red Chris Mine Block Cave Planning Progress and 2026 Third Quarter Production Update - GlobeNewswire

AI desk brief

Imperial Metals says the Red Chris block cave feasibility study is nearing completion, with a full funding decision now expected in early 2027 and construction targeted for 2027. On a 100% basis, phase one is forecast to produce 3.0 million ounces of gold and more than 1.8 billion pounds of copper over 13 years, with ramp-up to 275-325 koz gold and 145-187 Mlb copper per year between 2035 and 2040.

The company also reported Q3 2026 production of 14.771 Mlb copper and 12,391 oz gold at Red Chris, down 29% and 43% respectively from a year earlier on lower grades and recoveries, despite higher throughput. Imperial’s 30% share was 4.431 Mlb copper and 3,717 oz gold; combined Q3 consolidated output from Red Chris and Mount Polley was 8.535 Mlb copper and 11,648 oz gold, and the company said it remains on track to meet full-year guidance of 79-87 Mlb copper and 87,500-96,500 oz gold.