https://www.miningweekly.com

Minto closure sinks Pembridge  

12th June 2023

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

Font size: - +

London-listed Pembridge Resources has been formally placed into creditors’ voluntary liquidation and the company will apply to be delisted.

Shareholders resolved at a meeting on Monday to place the company, which has a strategic investment in the Minto copper and gold mine, into voluntary liquidation.

Creditors ratified the liquidation process at a subsequent meeting later in the day.

Copper miner Minto Metals ceased operations at its namesake mine in the Yukon last month, after failing to raise capital. This essentially sunk Pembridge.

Minto has handed over care and maintenance of the mine to the Yukon government, which has hired JDS Mining as contractor to ensure environmental protection is maintained at the site.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

North Ridge Pumps
North Ridge Pumps

North Ridge Pumps is an independent manufacturer of pumps. We have a proven track record for product support and customer service throughout the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (18/09/2026)
18th September 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.093 0.117s - 164pq - 2rq
Subscribe Now