ONTONAGON COUNTY, MI— Kinterra Capital Corporation says it has secured $75 million in investment for the White Pine North project.
The proposed brownfield copper-silver mine is an extension of the former White Pine mine in Ontonagon County. It operated through the mid-90s.
Kinterra says it is updating its pre-feasibility study, which should be complete in the third quarter of this year. Officials say the investment will allow Kinterra to continue advancing engineering, permitting, and stakeholder workstreams toward a final investment decision.
Highland Copper Company originally partnered with Kinterra on White Pine North in 2023, when Kinterra acquired a 66-percent stake in the project. Highland Copper sold the remaining 34-percent interest to Kinterra this March.
Project officials say White Pine could have a 26-year mine life and an expected average annual production of approximately 60,000 tonnes of copper.
