Milford mining secures $25 Mln USDA-backed financing; plans expansion in Beaver County

MILFORD, Utah (ABC4) — Milford Mining Company Utah (MMCU) has received a $25 million loan from the U.S. Department of Agriculture to expand operations, increase copper production and create jobs in rural Utah.  According to MMCU, the expansion project is expected to double the mine's copper by the end of 2027 and add approximately 100 new jobs, increasing the [...]