Selkirk Copper Mines announced a positive Preliminary Economic Assessment (PEA) for the Minto Project in Yukon, Canada, highlighting a 13-year mine life at 4,100 tonnes per day throughput. The project shows robust economics with an after-tax NPV of C$494M and a 47.8% IRR at base metal prices, improving significantly under higher price scenarios. Capital costs are estimated at C$186M with a payback period of under two years, leveraging existing infrastructure to reduce costs. The company plans to submit permit amendments in late 2026 and aims for first concentrate production by the second half of 2028, with a full ramp-up by mid-2029, supported by ongoing exploration and community engagement.
Selkirk Copper's Minto Project economic update provides context for basic materials investors. For readers following basic materials, here is Pluang's market snapshot as of Sep 22, 2026 17:41 WIB: Among 34 US basic materials stocks, 14 rose and 19 fell. Notable movers include LAC at USD 2.99 with 1.01% gain, DOW at USD 28.00 down 0.96%, and PPG at USD 104.02 down 0.87%. Typical hold times range from 25 to 81 days, with varied Pluang order activity percentages.
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