Pretivm advances debt-repayment goals

Dual-listed Pretium Resources (Pretivm) has attributed its profitable second quarter, with “significant” cash flows, to the “robust economics” of its Brucejack mine, in northern British Columbia, allowing the miner to eliminate $65-million of its debt during the first half of 2019. This strengthened the company’s balance sheet and advanced its debt repayment goals as it continued to target debt reduction of $140-million this year, president and CEO Joseph Ovsenek said on Thursday.