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Imperial Metals Corp (2)
Symbol III
Shares Issued 162,817,841
Close 2025-05-26 C$ 4.37
Market Cap C$ 711,513,965
Recent Sedar Documents

Globe says Newmont, rival hear B.C.'s Eby has a plan

2025-05-27 08:40 ET - In the News

See In the News (C-NGT) Newmont Corp

The Globe and Mail reports in its Tuesday, May 27, edition that B.C. Premier David Eby announced that the province can quickly unlock $30-billion in critical mineral mine investments in the northwest through a "consent-based" process with first nations. The Globe's Justine Hunter writes that despite pressure from indigenous leaders to scrap Bill 15, aimed at fast-tracking major project approvals, the Premier stated that significant mining projects will proceed with the full consent of first nations, including the Tahltan, Taku River Tlingit and Kaska. Some of those communities already have developed agreements with mining operations in their traditional territories: The Red Chris copper and gold mine, which is jointly owned by Newmont and Imperial Metals, does more than $100-million of business annually with the Tahltan Nation Development Corporation, employs 220 Tahltans and pays annual royalties to the Tahltan Nation. Mr. Eby said the province needs to work to speed up regulatory approvals to take advantage of not just growing demand, but shifting markets. Mr. Eby said, "Our province will be the economic engine of the new Canada that emerges from this moment of global instability."

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