Capstone Mining Corp. is a publicly traded Canadian mining company whose primary focus is to operate, expand and explore the Company's two producing copper mines: the 100% owned Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico and the 100% owned Minto copper-gold-silver mine in the Yukon, Canada.
Capstone aims to grow both organically and through mergers and acquisitions: organic growth through continued mineral resource and reserve expansions at its operating mines and through the development of its 100% owned high grade Kutcho copper-zinc-gold-silver deposit in British Columbia, while M&A provides opportunities to accelerate that growth profile.
Highlights
- Building a mid-tier copper producer focused in the Americas
- Two operating copper mines - forecast to produce 95M to 105M lbs of copper in 2009
- High grades yields low costs - forecast total cash costs* of ~ US $1.00/lb in 2009
- Significant by-products of gold, silver, lead & zinc
- Track record of expanding mineral resources, mineral reserves and production
- Additional high grade copper development project - Kutcho (British Columbia)
- Financial strength to support M&A transactions and ability to generate profits throughout commodity price cycle
- Strong management team with a proven ability to deliver
*Non GAAP measure
