Wheaton Precious Metals (TSX, NYSE, LSE: WPM) has entered into a definitive precious metal purchase agreement with Capstone Mining (TSX: CS) for the Santo Domingo project in the Atacama region in Chile. The company will purchase 100% of the payable…
Copper-focused miner Capstone Mining (TSX: CS) beat its production and costs guidance for 2020, driven by strong fourth-quarter output at both the Pinto Valley open pit mine in Arizona and at the Cozamin underground mine in Mexico. With a total…
The all-in sustaining cost (AISC) metric has been widely used in the mining industry since 2013 for its comprehensive and transparent look at an operation’s costs. According to data from Miningintelligence, Lundin Mining’s Chapada mine was the clear winner among global copper…
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.…
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…
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…
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…
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…
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…
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…
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.…
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…