The Mining Insider

British Columbia grants key regulatory approvals for Newmont's Red Chris Block Cave project — a copper-gold asset with 20 million ounces of gold and 13 billion pounds of copper, with a final investment decision expected later in 2026. Vale Base Metals and Glencore sign an agreement to jointly develop a brownfield copper project in Sudbury, Ontario, targeting 880,000 tonnes of copper over 21 years at up to $2 billion in capital. Ghana weighs transferring control of Gold Fields' Tarkwa mine to local companies when leases expire April 2027, deepening a resource nationalism push that has already raised royalties to 12%. And Pilbara Minerals approves $175 million in pre-FID capital for the P2000 lithium expansion at Pilgangoora, targeting a final investment decision by December.

Show Notes

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

What is The Mining Insider?

The Mining Insider - Daily Mining News & Industry Insights
Welcome to The Mining Insider, the go-to daily mining podcast for industry professionals, investors, and decision-makers looking to stay ahead in the fast-moving world of mining. Hosted by Logan Ore, this five-minute daily briefing delivers critical updates, expert insights, and analysis on the biggest stories shaping the global mining industry.

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Breaking Mining News – The most important developments from around the world, including mergers, acquisitions, policy shifts, labor movements, and technological breakthroughs.
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Environmental, Social & Governance (ESG) Updates – How regulations, sustainability efforts, and ethical mining practices are reshaping the industry.
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