Selkirk Copper Mines
Selkirk Copper Mines is a Vancouver-based, publicly traded mining development company advancing the past-producing Minto copper-gold-silver mine in Yukon toward a mid-2027 restart decision, controlled by Selkirk First Nation as the first majority Indigenous-owned operating mine in Canadian history.
- Company typePublic
- Founded2025
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Selkirk Copper Mines does
Selkirk Copper Mines Inc. is a Canadian mining development company publicly traded on the TSX Venture Exchange (SCMI), Frankfurt Exchange (IO20), and OTCQB (SKRKF), headquartered in Vancouver, British Columbia. The company is advancing the past-producing Minto copper-gold-silver mine in central Yukon toward a potential restart decision targeted for mid-2027. Selkirk Copper holds an interest in 26,850 hectares of mineral claims across the Minto-Carmacks copper belt, with 2025 Mineral Resource Estimate of 12.6 million tonnes Indicated and 23.7 million tonnes Inferred resources containing 333.8 million pounds of copper Indicated and 546.8 million pounds Inferred, plus associated gold and silver. Existing infrastructure at Minto includes a fully built 4,100 tonne-per-day mill, a 400-person camp, a mine waste management facility, and both open pit and underground workings. The company is the first majority Indigenous-owned operating mine in Canadian history, with Selkirk First Nation holding a controlling equity stake through its wholly owned subsidiary 843094 Yukon Inc. (approximately 18.16% on a non-diluted basis following the April 2026 financing).
Selkirk Copper's core product is copper-gold-silver concentrate produced via conventional flotation concentration, with historical metallurgy achieving 90-92% copper recovery and producing a clean concentrate averaging 38% Cu with low impurities. The company's revenue model will be commodity-based, with concentrate sold to global smelters and precious metals refiners at prices tied to London Metal Exchange copper benchmarks and precious metals markets; a 1.5% NSR royalty is payable to Selkirk First Nation. Today the company is pre-revenue, deploying capital from a C$35 million upsized bought-deal private placement (closed April 30, 2026), led by Canaccord Genuity with Haywood Securities, Raymond James, and Stifel Nicolaus, toward Phase 2 drilling (50,000-meter target commenced May 2026), trade-off studies with Hatch and SRK Consulting, geometallurgical testwork at Blue Coast Research, feasibility study completion, site care and maintenance, and permitting.
Go-to-market activity is investor-relations-led rather than sales-led at present: the company markets to institutional and retail investors via three stock exchange listings, mining investment conferences (Precious Metals Summit Beaver Creek, Nordic Funds & Mines Stockholm, Raymond James Copper Conference), digital advertising agreements (Native Ads Inc., Capital Analytica), and a downloadable corporate presentation. Site operations were assumed from the Yukon government on April 1, 2026, with the Yukon government covering care and maintenance costs until that date. Leadership includes President and CEO M. Colin Joudrie (former Teck Resources VP Business Development), CFO Josh Kierce, and directors drawn from Franco-Nevada, Taseko Mines, and Selkirk First Nation governance.
Selkirk Copper Mines firmographics
Firmographics- Name
- Selkirk Copper Mines
- Legal name
- Selkirk Copper Mines Inc.
- Website
- https://selkirkcopper.com
- Company type
- Public
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Selkirk Copper Mines is a Vancouver-based, publicly traded mining development company advancing the past-producing Minto copper-gold-silver mine in Yukon toward a mid-2027 restart decision, controlled by Selkirk First Nation as the first majority Indigenous-owned operating mine in Canadian history.
- Ownership category
- akta.pro rank
Selkirk Copper Mines industry classification
Industry- Product category
- Copper Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Copper, Nickel, Lead, and Zinc Mining (21223), Gold Ore and Silver Ore Mining (21222), Support Activities for Metal Mining (213114)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
- akta.pro secondary industries
- Copper Concentration (Crushing, Grinding, Flotation) (IMAKADAC), Copper Exploration & Resource Development (IMAKADAA), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH)
Keywords
Where Selkirk Copper Mines is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Selkirk Copper Mines business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Copper-Gold-Silver Concentrate Sales: Selkirk Copper will generate revenue by producing and selling copper-gold-silver concentrate from the Minto mine. Historical offtake arrangement with Sumitomo has been extinguished through bankruptcy. The company will assess partnerships with smelters and concentrate traders as part of restart planning. Net smelter return (NSR) includes 1.5% NSR royalty payable to Selkirk First Nation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
Selkirk Copper Mines product offering
Product offeringCore offering
Selkirk Copper Mines is advancing the past-producing Minto copper-gold-silver mine in Yukon, Canada toward a potential restart decision targeted for mid-2027. The project will produce copper-gold-silver concentrate using a fully built 4,100 tonne-per-day mill and processing plant with conventional flotation methods. Historical operations achieved 90-92% copper recovery, producing a clean concentrate averaging 38% Cu with very low impurities. The target mine life is 12-15 years with infrastructure already in place including a 400-person camp, waste management facility, and both open pit and underground workings.
Product overview
Selkirk Copper Mines operates as a single-focus mining company advancing the Minto Copper-Gold-Silver Mine project in Yukon, Canada. The company is not structured as a platform or multi-product company but rather as a mining operation with a unified project portfolio centered on the redevelopment and potential restart of the Minto mine, which produces copper, gold, and silver concentrates. The Minto project represents the company's sole product focus.
Differentiator
Problem solved
Functional benefit
Products and services
- Minto Copper-Gold-Silver Mine A past-producing copper-gold-silver mine located on Selkirk First Nation Category A Settlement Land in central Yukon, Canada. The project features existing infrastructure including a 4,100 tonne-per-day mill, 400-person camp, mine waste management facility, and both open pit and underground workings. Upon restart, the mine will produce copper-gold-silver concentrate for sale to smelters and refiners. Current measured and indicated resources stand at 12.6M tonnes containing 333.8M lbs Cu, 186.6K oz Au, and 1,728K oz Ag, with inferred resources of 23.7M tonnes containing 546.8M lbs Cu, 294.7K oz Au, and 2,968K oz Ag.
Companies that use Selkirk Copper Mines
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Selkirk Copper Mines technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Selkirk Copper Mines partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and major.
- Omineca Diamond Drilling LtdcoreDrilling contractor that successfully completed Phase 1 drill program (52,288m in 175 holes) and is continuing with Phase 2 drill program targeting 50,000 additional meters.
- Moose Mountain Technical Services (Sue Bird)majorTechnical services firm that completed the 2025 NI 43-101 Mineral Resource Estimate for the Minto Property, effective date April 7, 2025. Qualified Person for resource estimation.
- Hatch LtdmajorEngineering consultancy advancing trade-off study design and engineering work on mine planning and design, metallurgy, mineral processing, waste rock and tailings management, infrastructure, and economics in collaboration with Selkirk Copper and Selkirk First Nation consultants.
- SRK Consulting (Canada) IncmajorConsulting partner for trade-off study, advancing mine planning and design, waste rock and tailings management, water management and treatment, and economic analysis.
- Fuse Advisors IncmajorTechnical consultancy providing input on metallurgical testwork program, led by President and Co-Founder Ryan Weymark who is also a Director of Selkirk Copper.
- Venerable Ventures LtdcoreSelkirk Copper Mines Inc was formed through a definitive agreement with Venerable Ventures Ltd. Company name changed from Venerable Ventures Ltd to Selkirk Copper Mines Inc, with trading under new name commencing November 12, 2025.
- Blue Coast Research LtdmajorMetallurgical testwork facility in Parksville, BC conducting Phase 1 geometallurgical program to improve copper, gold, and silver recoveries on Ridgetop deposit and test gravity recovery for precious metals.
- Selkirk First NationcoreSelkirk First Nation holds controlling equity stake in Selkirk Copper through subsidiary 843094 Yukon Inc. The Nation acquired the Minto Mine assets and licenses on June 18, 2025, making this the first majority Indigenous-owned mine in Canadian history. SFN owns both surface and subsurface rights to the mine area on Category A Settlement Land. The partnership provides direct operational experience, social license, and alignment with First Nation values and priorities.
Scale indicators14 records
Recent moves10 records
Expansion highlights4 records
Selkirk Copper Mines competitors and assessment
Company assessmentDirect peers
- New Gold: New Gold operates the New Afton copper-gold mine in British Columbia and has deep restart/EPCM experience from Afton, Brucejack, and Rainy River mines — directly relevant as a BC copper-gold producer with restart execution capability.
- Taseko Mines: Taseko Mines operates the Gibraltar copper-molybdenum mine in British Columbia and is developing the New Prosperity copper-gold project, directly comparable as a BC-focused mid-tier copper miner with similar regulatory and operating geography to Selkirk's Minto.
- Skeena Resources: Skeena Resources advanced the past-producing Eskay Creek gold-silver mine in BC toward restart, and Selkirk's VP Projects & Engineering Scott Fulton previously served as VP Engineering & Construction at Skeena — making it a directly relevant peer in past-producer restart execution.
- Amerigo Resources: Amerigo Resources produces copper concentrate from the MVC operation in Chile via tailings processing, providing a directly comparable pure-play copper concentrate producer business model benchmark.
- Sabina Gold & Silver (B2Gold): Sabina Gold & Silver advanced the Back River gold project in Nunavut before acquisition by B2Gold; Selkirk's VP Exploration Stacie Jones previously led resource expansion at Back River and VP Permitting Matthew Pickard led permitting there — making Sabina/B2Gold a directly relevant peer on Northern Canadian mine development.
- Imperial Metals: Imperial Metals operates the Mount Polley copper-gold mine and holds the Red Chris copper-gold mine in British Columbia, directly comparable as a Canadian copper miner with past-producing restart experience and operations in BC/Yukon-adjacent districts.
- Western Copper and Gold: Western Copper and Gold is developing the Casino copper-gold project in Yukon, Canada — directly comparable as a Yukon-based copper-gold developer with similar permitting, Indigenous engagement, and infrastructure challenges to Minto.
Broad incumbents
- Capstone Copper: Capstone Copper is a major copper producer operating Pinto Valley (Arizona), Mantos Blancos (Chile), and Mantoverde (Chile), serving as a broad incumbent comparable on copper concentrate production and global offtake economics.
- Hudbay Minerals: Hudbay Minerals operates the Constancia copper mine in Peru and the Copper Mountain mine in BC, providing a broad incumbent benchmark for mid-tier copper producer economics, capex profiles, and copper concentrate offtake dynamics.
Emerging players
- Dolly Varden Silver: Dolly Varden Silver is a BC-focused silver-gold developer with overlapping board connections (Director Rob McLeod) and similar junior mining profile on TSX/TSX-V, making it an emerging peer with thematic comparability on Canadian precious/base metals development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Selkirk Copper Mines social profiles
Digital presenceSelkirk Copper Mines financial estimates
Financial estimateRevenue estimate
Valuation estimate
Selkirk Copper Mines leadership team
Management profileNumber of profiles
Profiles12 records
Selkirk Copper Mines funding detail
Funding detailFunding overview
Funding rounds6 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Selkirk Copper Mines M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Selkirk Copper Mines
What does Selkirk Copper Mines do?
Selkirk Copper Mines is advancing the past-producing Minto copper-gold-silver mine in Yukon, Canada toward a potential restart decision targeted for mid-2027. The project will produce copper-gold-silver concentrate using a fully built 4,100 tonne-per-day mill and processing plant with conventional flotation methods. Historical operations achieved 90-92% copper recovery, producing a clean concentrate averaging 38% Cu with very low impurities. The target mine life is 12-15 years with infrastructure already in place including a 400-person camp, waste management facility, and both open pit and underground workings.
Is Selkirk Copper Mines a public or private company?
Selkirk Copper Mines is a public company. It is classified as public and is currently operating.
When was Selkirk Copper Mines founded?
Selkirk Copper Mines was founded in 2025. It employs 1 to 10 people.
Where is Selkirk Copper Mines based?
Selkirk Copper Mines is headquartered in Vancouver, Canada, in the North America region.
How does Selkirk Copper Mines make money?
One revenue line is on record: copper-Gold-Silver Concentrate Sales.
Who are Selkirk Copper Mines's main competitors?
Direct peers on record are New Gold, Taseko Mines, Skeena Resources, Amerigo Resources, Sabina Gold & Silver (B2Gold), Imperial Metals and Western Copper and Gold. Broad incumbents are Capstone Copper and Hudbay Minerals. Dolly Varden Silver is listed as an emerging player.
Does Selkirk Copper Mines have an API?
No public API is recorded for Selkirk Copper Mines.
What industry is Selkirk Copper Mines in?
Selkirk Copper Mines's product category is Copper Mining. Its primary akta.pro industry code is IMAKADAB, Copper Ore Mining (Open-Pit & Underground), with a secondary code of IMAKADAC, Copper Concentration (Crushing, Grinding, Flotation). Its NAICS code is 212230 and its SIC code is 1000.