Minto Metals placed in receivership

Company

Minto Metals Corp.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Sumitomo Canada Limited

Law Firm / Organization
Fasken Martineau DuMoulin LLP

Company

Finning International Inc.

Law Firm / Organization
Dentons Canada LLP

Company

PricewaterhouseCoopers Inc.

Law Firm / Organization
Lawson Lundell LLP

Company

Thyssen Mining Construction of Canada Ltd.

Law Firm / Organization
Miller Thomson LLP

Company

Capstone Mining Corp.

Law Firm / Organization
Blake, Cassels & Graydon LLP

Government

Yukon Government

Law Firm / Organization
Thornton Grout Finnigan LLP
Law Firm / Organization
Farris LLP

New court orders have put Minto Metals Corp., which abandoned its central-Yukon mine in May, into full receivership and will also see the territorial government receive more than $1.7 million to settle a lawsuit over unpaid mining royalties. 

The British Columbia Supreme Court approved the two separate but connected orders Monday. The orders came from the province's court because B.C.-incorporated Sumitomo Canada Limited had a purchase agreement with Minto, which was also registered in the province. The company filed a petition in B.C. court after Minto abandoned its mine, and the file was ultimately the one that triggered the receivership process.

The proceedings will now be transferred to the Yukon Supreme Court.

Other
Mining
Undisclosed/Confidential
Active