Sumitomo agrees to buy Minto copper con
Last updated 9/26/2019 at 7:11pm
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 is to receive an advanced payment for at least 55,000 metric tons of copper concentrate produced by the Minto mine between now and the end of 2020.
Sumitomo will make this advanced payment in monthly...