Capstone Mining Corp. provides 2020 production, cost and capital guidance. Capstone’s 2019 actual production was above the mid-point range of 145 to 160 million pounds of copper and actual costs were below the bottom end of the guidance range of $1.80 to $2.00 per pound payable copper. The Company will further expand on 2019 results when it releases its 2019 fourth quarter results on Tuesday, February 11, 2020 after [...]
Capstone Mining Corp. announces additional high grade copper and silver results from 21 infill and 6 step out drill holes at its Cozamin Mine, further to the update of December 2, 2019. This brings the total drilled to date to 150 holes of a 200 hole program, aiming to double the current reserve base. Drill results to date continue to demonstrate greater widths and grades than current Mineral Reserves, as well as the [...]
Capstone Mining Corp. announces additional high grade copper and silver results from 20 infill drill holes at its Cozamin Mine, further to the update of November 5, 2019. These, plus an additional 15 holes pending assays, bring the total drilled to date to 138 holes of a 200 hole program, aiming to more than double the current reserve base. Drill results to date continue to demonstrate greater widths and grades than [...]
Capstone Mining Corp. announces high grade copper and silver results from 103 infill and step-out drill holes at its Cozamin Mine, as well as an expansion to the exploration program into 2020. The results represent half of the 200 hole program, which aims to more than double the current reserve base. Results to date support the Company's recently disclosed increase to Cozamin's annual production guidance to 50 to 55 [...]
Capstone Mining Corp. announced its production and financial results for the three and nine months ended September 30, 2019 . Total copper production from continuing operations for Q3 2019 totaled 39 million pounds of copper at consolidated C1 cash costs1 of $1.85 per pound. For full financial and operational results, refer to Capstone's Q3 2019 Management's Discussion and Analysis and Unaudited Condensed Interim [...]
Capstone Mining Corp. will now hold its 2019 third quarter results investor conference call and webcast on Wednesday, November 6, 2019 at 10:30 am . Capstone will release its 2019 third quarter results on Tuesday, November 5, 2019 after market close. Conference Call and Webcast Details Date: Wednesday, November 6, 2019 Time: 10:30 am Eastern Time Dial in: North [...]
Capstone Mining Corp. will release its 2019 third quarter results on Tuesday, November 5, 2019 after market close, followed by an investor conference call to be held on Wednesday, November 6, 2019 at 11:30 am . Conference Call and Webcast Details Date: Wednesday, November 6, 2019 Time: 11:30 am Eastern Time Dial in: North America: 1-888-390-0546, International: +416-764-8688 Webcast [...]
Capstone Mining Corp. will be hosting a group of analysts for a site visit to the Company's Pinto Valley mine in Arizona and Cozamin mine in Zacatecas. Presentation materials for the for two-day visit starting on October 1, 2019 can be found on the Company's website at https://capstonemining.com/investors/events-and-presentations. Pinto Valley is Capstone's flagship mine and is expected to produce 115 to 125 million [...]
Capstone Mining Corp. announced its production and financial results for the three and six months ended June 30, 2019 . Total copper production from continuing operations for Q2 2019 totaled 37.7 million pounds of copper at a consolidated C1 cash cost1 of $1.78 per pound, with operating cash flow of $30.3 million. For full financial and operational results, refer to Capstone's Q2 2019 Management's Discussion and Analysis [...]
Capstone Mining Corp. announced that it has extended and amended its US$300 million corporate revolving credit facility to July 25, 2022, with Canadian Imperial Bank of Commerce and Bank of Nova Scotia . The amended RCF has removed the 50-basis point increase in the pricing grid which was meant to be effective April 19, 2019; the rate will remain at LIBOR plus 2.75% based on the current net debt to EBITDA ratio . In [...]
Capstone Mining Corp. will release its 2019 second quarter results on Tuesday, July 30, 2019 after market close, followed by an investor conference call to be held on Wednesday, July 31, 2019 at 11:30 am . Conference Call and Webcast Details Date: Wednesday, July 31, 2019 Time: 11:30 am Eastern Time Dial in: North America: 1-888-390-0546, International: +416-764-8688 Webcast [...]
Capstone Mining Corp. reported that operations have restarted at its Pinto Valley mine . Since announcing the temporary curtailment of operations on June 20th, advancements by fire crews have now allowed for operations to safely restart. At over 96,000 acres, the Woodbury Fire remains a serious concern and the Southwest Area Incident Management Team continues to conduct operations in the area of Pinto Valley. We remain [...]
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