The mining newspaper for Alaska and Canada's North

Pembridge takes in $1M a week from Minto

North of 60 Mining News – December 6, 2019

Pembridge Resources plc Dec. 4 announced that its revenue from the restart of operations at the Minto copper mine in the Yukon now exceeds US$7 million.

United Kingdom-based Pembridge, which finalized a deal in June to acquire Minto from Capstone Mining Corp., resumed operations at the mine in October.

To ensure steady revenue from Minto, the new mine owner entered into an offtake agreement with S...

 

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