A mine in northern New Brunswick has been purchased almost four years after it shut down and officials hope it marks the resumption of mining in the region.
Ontario-based company plans to use existing mill to process minerals extracted from nearby open-pit mine
Shane Magee · CBC News
· Posted: Jul 28, 2026 6:16 PM EDT | Last Updated: 2 hours ago
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New Brunswick Natural Resources Minister John Herron poses for a photo with the Murray Brook mine site in the background. (Shane Magee/CBC)
Canadian Copper Inc. has purchased the shuttered Caribou Mine in northern New Brunswick, a deal the company and government hope will revive mining in the Bathurst region nearly four years after operations ceased.
The Ontario-based company completed the purchase Tuesday.
The Caribou Mine site, which is located about 55 kilometres west of Bathurst, includes a processing mill, tailings pond, mineral rights and permits.
Canadian Copper says it aims to use the Caribou mill to process copper, zinc, silver and lead extracted from a nearby open pit mine called Murray Brook, where gold was mined in the early ’90s.
The sale moves the Caribou’s care and maintenance costs off the province’s books.
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