Published: March 8, 2022 |

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The Government of Yukon and the Government of Canada, in partnership with Yukon First Nations, have come to a joint decision to accept the executive committee’s recommendation that the Coffee Gold project be allowed to proceed.

The Coffee Gold project, proposed by the Newmont Corporation, will consist of four open pit gold mines located about 130 kilometres south of Dawson City. The project is expected to have a construction period of 30 months followed by a 10 year operation phase and an 11 year closure phase.

The project will include a camp for up to 400 workers and during the peak of construction will provide jobs for nearly 700 Yukoners.

The joint decision concludes the environmental and socio-economic assessment of the project under the Yukon Environmental and Socio-economic Assessment Act. The joint decision was made within the regulatory time period for decision making for this type of assessment.

Prior to issuing a decision, the Government of Yukon consulted with Tr’ondëk Hwëch’in Government, Selkirk First Nation, White River First Nation, and the First Nation of Na-Cho Nyäk Dun. The Yukon government will further engage and consult with these First Nation governments as regulatory approvals related to the project are considered.

“We are very pleased to reach a decision that will allow the Coffee Gold project to move forward. This is another example of the effectiveness of the Yukon’s environmental and social-economic assessment process that continues to uphold responsible development in the territory. The Coffee Gold project will provide significant employment opportunities for many Yukoners and contribute to the territory’s growing economy,” said Premier Sandy Silver.

“Through our ongoing engagement with Yukon First Nations and our collaboration with the Government of Canada, we look forward to supporting the next stages in the development of the Coffee Gold project,” added Premier Silver.

About Newmont
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia, and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

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