North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Yukon takes over, hires JDS Mining to maintain site; mine closure may sink Minto Metals and Pembridge. Inundated by the forces of nature and finance, Minto Metals Corp. is shuttering operations at... — Updated 6/1/2023

After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. kicked off the year with its strongest quarter yet with production results from its Minto copper mine in... — Updated 1/18/2023

Minto Metals Corp. April 28 reported that the results from its ongoing 2022 exploration drilling at Minto are showing strong potential for expanding the resource and life of this copper mine in the... — Updated 4/28/2022

After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. April 6 announced the company's first-quarter production results from its Minto copper mine in central Yukon.... — Updated 4/14/2022

Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from s... — Updated 1/26/2022 Full story

Pembridge Resources plc May 24 announced it has budgeted C$3.2 million for Minto Exploration Ltd. to investigate high-priority exploration targets at the United Kingdom-based company's Minto copper... — Updated 6/24/2021

Pembridge Resources plc May 12 reported that the life of its Minto copper mine in the Yukon has been extended out to 2028, five years beyond the 2023 life of mine previously reported by the London... — Updated 6/24/2021

Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive... — Updated 5/27/2021

When Granite Creek Copper Ltd. decided to refocus its energies on finding copper in Yukon Territory in October 2018, it swung into action, aggressively tackling its vision of becoming a leading... — Updated 11/25/2020 Full story

Pembridge Resources plc Jan. 28 announced that trucks are now delivering copper concentrates from its Minto Mine in the Yukon to the Skagway Ore Terminal in Southeast Alaska. Access to the Minto... — Updated 9/26/2020 Full story

Pembridge Resources plc Jan. 22 announced the launch of a 14,000-meter drill program aimed at expanding four deposits at its Minto copper mine in the Yukon. United Kingdom-based Pembridge finalized... — Updated 9/26/2020

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... — Updated 9/26/2020

Pembridge Resources plc Nov. 6 reported the first revenue from Minto since the restart of operations at its recently acquired copper mine in the Yukon. Since finalizing a deal in June to acquire... — Updated 9/26/2020

Yukon Territory, a mineral exploration frontrunner in Canada's North, is witnessing a significant slowdown in 2019. As a result, growth in Yukon's economy is expected to slow this year but rebound... — Updated 9/26/2020

Pembridge Resources PLC July 22 announced that it has cut a deal with Sumitomo Corp. for copper concentrates from its newly acquired Minto Mine in the Yukon. Under this offtake agreement, Pembridge... — Updated 9/26/2020

Thanks to the start-up of new mines, The Conference Board of Canada forecasts the economies of Canada's territories to grow significantly over the next two years. In Territorial Outlook Economic... — Updated 9/25/2020

In a deal that is good for the buyer, seller and the Yukon, Capstone Mining Corp. has agreed to sell the Minto copper mine to United Kingdom-based Pembridge Resources PLC. "The sale of the Minto... — Updated 9/25/2020

Capstone Mining Corp. Oct. 11 announced that it will be shutting down the Minto Mine due to Pembridge Resources' inability to raise the requisite funds to acquire the copper operation in the Yukon.... — Updated 9/25/2020

Pembridge Resources plc June 11 announced that it has signed a terms agreement with a leading global Japanese trading house that will provide the England-based company US$30 million in exchange for... — Updated 9/25/2020

Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new mining projects... — Updated 9/25/2020

Born from an idea to create a vehicle that could provide Alaska businesses lower interest rates offered by tax-exempt financing, the Alaska Industrial Development and Export Authority, or AIDEA,... — Updated 9/24/2020 Full story

Capstone Mining Corp. Feb. 14 announced that it is selling its Minto copper mine in the Yukon to Great Britain-based Pembridge Resources plc. Under the terms of the definitive share purchase... — Updated 9/24/2020

Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward res... — Updated 8/14/2020 Full story

More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take... — Updated 3/1/2019 Full story