Red Chris mine. Credit: Imperial Metals
Despite a major power outage in February and some freezing of mill infrastructure, the Red Chris mine had first quarter 2021 production of 15.9 million lb. of copper and 15,800 oz. of gold. In Q4 2020, the mine produced 17.2 million lb. of copper and 16,251 oz. of gold.
The Red Chris mine near Iskut, BC, is a joint venture of Imperial Metals (TSX: III; OTC Pink: IPMLF) Newcrest Mining (TSX: NCM; OTC Pink: NCMGF; ASX: NSM). They hold 30% and 70%, respectively.