Pembridge takes in $1M a week from Minto
North of 60 Mining News – December 6, 2019
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Last updated 9/26/2020 at 11:23am
Capstone Mining Corp.
Pembridge Resources produced more than 3,500 copper concentrates at Minto since it resumed operations at its newly acquired Yukon mine in early October.
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 wit...
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