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Pembridge to boost copper output at Minto mine

This year, Pembridge expects the mine to produce between 28 million and 31 million pounds of copper, operating at an average throughput of 3,000 tonnes a day for the first half of 2022 and 3,250 tonnes a day for the second half.

It also said that Minto Metals had reached an agreement with Capstone to defer paying part of the purchase price obligation and paid a further $10 million of that obligation in December 2021.

The remaining $5 million will be paid in 2023, Pembridge said.

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