Capstone Mining Corp
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COPPER-GOLD: New owner Pembridge to reopen Minto mine
YUKON – The sale of the suspended Minto copper-gold mine 240 km northwest of Whitehorse has been a long time coming. The original owner, Vancouver-based Capstone Mining first said it was working on a sale as early as February 2018.…
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COPPER: Capstone 2018 revenue slides, costs up
VANCOUVER – The latest quarterly numbers from Capstone Mining Corp. show lower revenue than a year earlier, but production costs also rose. The company met the year’s guidance with output of 155.2 million lb. of copper at a C1 cash…
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COPPER: Capstone increases reserves and planned production at Mexican copper project
MEXICO – Capstone Mining released today positive results of an updated technical report for its Cozamin mine, located north-northwest of Zacatecas City in the Mexican north-central state of the same name. Cozamin is a polymetallic underground mine with a surface…
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COPPER-IRON-GOLD: Capstone updates feasibility for Santo Domingo
CHILE – Capstone Mining Corp. of Vancouver has updated the feasibility study for the Santo Domingo iron oxide-copper-gold (IOCG) development project in the Atacama desert. Capstone holds a 70% interest, and Korea Resources Corp. holds the balance. The updated feasibility…
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COPPER: Capstone places Minto mine on care and maintenance, still looking for buyer
YUKON – Vancouver-based Capstone Mining and Pembridge Resources have terminated their agreement for the sale of the Minto copper-gold mine 240 km northwest of Whitehorse. Capstone had agreed to sell the Minto operation to Pembridge last February, putting a price…
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COPPER-GOLD: Capstone agrees to sell Minto mine to Pembridge Resources
YUKON – Vancouver-based Capstone Mining has agreed to sell its Minto copper-gold mine 240 km northwest of Whitehorse to Pembridge Resources plc of London, U.K. Capstone started production at the mine in 2007. Pembridge will pay US$37.5 million in cash…
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Copper: Desert Star eyes BC copper through Capstone deal
Desert Star Resources believes it can offer investors unique exposure to copper production via near-term development of the Kutcho volcanogenic massive sulfide project, 100 km due east of Dease Lake, British Columbia. On June 15, the company outlined a deal with Capstone…
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COPPER: Capstone offers 2017 operating and capital guidance
VANCOUVER – Capstone Mining Corp. has provided its operating and capital expenditure guidance for 2017. It foresees production of 94,000 tonnes (±5%) from its three copper mines – Minto in the Yukon, Pinto Valley in Arizona, and Cozamin in Mexico.…
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COPPER: Capstone arranges metal price protection
VANCOUVER – Capstone Copper Corp. has entered into an arrangement to sell 43,000 tonnes of copper next year with settlements between US$5,025 and US$5,585 per tonne of metal, or US$2.28 and US$2.53 per lb. There is no cost to the…
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Southwest US snapshot: 9 projects to watch
The mineral bounty of California, Nevada, Utah and Arizona is legendary, but the hard work of finding new deposits continues. Here are nine new projects large and small that are catching attention … Barrick’s Goldrush, Capstone’s Pinto Valley, Crown Mining’s…
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SECOND QUARTER: Losses still plague Canadian miners
This is the season of quarterly reports (one of four times annually), but importantly the end of June marks the mid-point of 2016. From the results so far, this year is going to be an exceedingly difficult one in which…
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COPPER: Capstone extends Pinto Valley mine life to 2039
ARIZONA – Vancouver-based Capstone Mining Corp. has completed the pre-feasibility study to extend the life of its Pinto Valley copper mine 125 km east of Phoenix, saying that reserves are sufficient to support production to 2039. The PFS increases proven…
