{"id":1161015,"date":"2020-01-21T07:58:41","date_gmt":"2020-01-21T13:58:41","guid":{"rendered":"https:\/\/www.mining.com\/?p=1011818"},"modified":"2020-01-21T07:58:41","modified_gmt":"2020-01-21T13:58:41","slug":"pembridge-seeks-third-party-to-operate-canadian-copper-gold-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1161015","title":{"rendered":"Pembridge seeks third party to operate Canadian copper-gold mine"},"content":{"rendered":"<p>Pembridge Resources (LON:PERE) <a href=\"https:\/\/polaris.brighterir.com\/public\/china_africa_resources\/news\/rns\/story\/rg6753x\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">said on Tuesday<\/a> it would appoint an operator for its recently acquired Minto mine, in Canada\u2019s Yukon.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The London-based company acquired the copper-gold-silver mine <a href=\"https:\/\/www.mining.com\/capstone-sells-minto-mine-pembridge-20m\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">in June last year from Capstone Mining<\/a> (TSX:CS) immediately focusing on resuming operations at the asset, which happened in October.<\/p>\n<p>Pembridge said the appointment of a<br \/>\nthird party to run the mine would allow it to channel efforts towards complementary<br \/>\nactivities, including new investment opportunities.<\/p>\n<p>Chief executive and chairperson,&nbsp;Gati<br \/>\nAl-Jebourim, said it had become evident there were a number of inefficiencies<br \/>\nassociated with the time zone difference between the UK and Yukon.<\/p>\n<p>\u201cInstalling an operator for day-to-day support to Minto management not only aims to improve the efficiencies of operating Minto, but reduces the management costs attributable to Pembridge,\u201d Al-Jebouri <a href=\"https:\/\/polaris.brighterir.com\/public\/china_africa_resources\/news\/rns\/story\/rg6753x\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">said in the statement<\/a>.<\/p>\n<p>The third-party would act as the<br \/>\nadviser to the Minto general manager and provide direction to senior members of<br \/>\nstaff on day-to-day operations, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Appointment of a third party would allow the London-based miner to focus on complementary activities, such as investment opportunities.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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