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Vol. 13, No. 35 Week of August 31, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry

Mining News: More production, less debt at Minto

Escalating production, declining costs and strong copper prices allow Sherwood to reduce debt associated with Yukon mine

Shane Lasley

Mining News

Only nine months after reaching commercial production at its high-grade Minto copper-gold mine, Sherwood Copper Corporation made a significant dent in its bank debt. The company said strong copper prices along with increased production and decreased operating costs allowed for the payment. Second-qu....

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Increased production, lower debt

Copper prices spur strategy change


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