Jun. 17 at 9:49 PM
Posted on behalf of Selkirk Copper Mines - New copper pounds are slow. In developed regions a new mine takes 20 to 30 years (U.S. averages near 29). Even in Chile, most planned projects don't add output until 2028 or 2029.
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$SKRKF. Selkirk is restarting the past-producing Minto copper-gold-silver mine in Yukon, and the mill is already standing: 4,100 tpd plant, operational camp, waste management. Selkirk took full site responsibility April 1, 2026.
Resource sits at roughly 880 Mlbs copper, 481 Koz gold and 4.7 Moz silver (indicated and inferred, per the Apr 7, 2025 MRE). A precious-metals stream extinguished in bankruptcy removed a major drag on restart economics.
Backdrop: the ICSG now forecasts a 150,000t copper deficit for 2026, J.P. Morgan a 330,000t shortfall.
Catalysts: updated MRE and PEA targeted mid-2026, restart decision mid-2027, Phase 2 drilling up to 50,000m by Nov 2026.
More Info: https://selkirkcopper.com