Newmont's Proposed Coffee Gold Mine Clears Yukon's Environmental Assessment

The federal and Yukon governments, alongside First Nations, have given the green light to recommendations by the territory's environmental assessment board regarding the Coffee Gold project, according to CBC Canada.

Newmont Corporation is proposing to build a large gold mine capable of producing roughly 67 million tonnes of ore over the project's lifecycle. Located 130 kilometres south of Dawson City, Yukon, project activities — including closure and reclamation plans — would span 24 years.

According to the YESAB screening report, the mine site will include a camp for up to 400 workers and during the peak of construction will provide jobs for nearly 700 people.

The company is years away from even starting construction, as there are many regulatory hurdles Newmont needs to overcome.