Capstone Mining’s (TSE:CS) Minto copper mine closes open pit operations

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Yukon’s Minto copper mine closed all of its open-pit mining operations on October 1

Yukon’s only operating hard rock mine is hunkering down — and literally going underground — to wait out a bad season.

The Minto copper mine closed all of its open-pit mining operations on October 1, meaning that 58 employees contracted through Pelly Construction Ltd. have been laid off.

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In April, Minto’s general manager said that open pit mining was expected to continue until September of this year, meaning that the decision wasn’t unexpected.

Read the full article at: ca.finance.yahoo.com

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