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Capstone Mining Corp.
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Capstone Mining Corp. is a publicly traded Canadian mining company with a primary focus to operate, expand and explore the company's 100% owned Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico. Our objective is to become an intermediate player in the base metals sector in the Americas.
The Cozamin mine has started an expansion to 3,000 tpd or approximately 1 million tpy, a 36% increase in production. This expansion is expected to be completed by Q4/2008.
Capstone is included in the S&P/TSX Global Mining Index.
Highlights
2008 Financial Results
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Reported in $ US |
Q3 - 2008 |
Q2 - 2008 |
Q1 - 2008 |
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Total Revenue |
$17.6M |
$35.3M |
$29.5M |
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Operating profit |
$2.9M |
$19.0M |
$15.9M |
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Earnings (pre-tax) |
$18.4M |
$16.7M |
$3.3M |
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EPS (pre-tax) |
$0.22 |
$0.20 |
$0.04 |
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Earnings (after tax) |
$16.1M |
$12.2M |
$0.5M |
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EPS (after-tax) |
$0.20 |
$0.15 |
$0.01 |
Production Results & Forecast
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Previous 2008 (F) |
Current 2008 (F) |
2009 (F) |
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Tonnes milled |
850,000 |
830,000 |
1,000,000 |
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Copper (payable lbs) |
30,000,000 |
28,000,000 |
40,000,000 |
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Silver (payable ozs) |
1,300,000 |
1,300,000 |
1,500,000 |
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Zinc (payable lbs) |
9,000,000 |
10,000,000 |
10,000,000 |
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Lead (payable lbs) |
5,100,000 |
6,000,000 |
5,000,000 |
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News
Dec 24, 2008
Capstone Mails Offer to Purchase to its Debentureholders
(more…)
Dec 10, 2008
Capstone Reports Final Drill Intercepts of Near Surface Copper-Gold at Minto Mine
Multiple, near-surface thick intercepts, including 1% Copper over 62 m starting at 53m Down hole
(more…)
Nov 25, 2008
Capstone Reports Minto Mine Connected to Yukon Electrical Grid
(more…)
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