The mining newspaper for Alaska and Canada's North

UK-based Pembridge to buy Minto Mine

North of 60 Mining News – February 9, 2018

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 agreement, Capstone will receive US$37.5 million in cash, plus working capital adjustments, and common shares representing 9.9 percent of the issued and outstanding shares of Pembridge upon completion of the t...

 

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