Capstone Copper
Operations
Capstone Copper has a portfolio of long-life copper operations in the Americas and a fully permitted development project in one of the world’s most prolific copper-producing districts. We are well positioned to create near-term growth as we make our operating mines more profitable, and execute on our strategy of transformational growth as we build the next generation of responsible copper mines.
Operations
Through a commitment to innovation, excellence and operating at the highest standards, we are focused on generating strong cash flows in all price environments at our multi-asset portfolio of mines and projects.
Pinto Valley
Arizona, United States
Open-pit copper mine. Optimization complete in 2021 and PV4 expansion study underway. District consolidation opportunities exist.
Cozamin
Zacatecas, Mexico
Underground copper-silver mine. Expansion completed in 2021 and operating at 1st quartile cost profile. Exploration program and expansion study underway.
Mantos Blancos
Antofagasta, Chile
Open-pit, high-grade copper mine. Concentrator debottlenecking project to increase throughput to 20,000 tpd complete, and ramp-up on track for completion in Q4 2022.
Environmental DIA for Phase II expansion submitted in August 2022. Advanced Basic Engineering Study expected in H1 2022. Significant near mine and district exploration potential.
Mantoverde
Atacama, Chile
70% ownership (30% Mitsubishi Minerals). Open-pit, oxide heap leach copper mine with 32,000 tpd high-grade sulphide processing line expansion (Mantoverde Development Project – “MVDP”) underway and on track for completion by year-end 2023. Phase II Expansion Conceptual Study underway. Feasibility Study expected in H2 2023.
Near-mine exploration potential and district-consolidation opportunities within IOCG belt (Cu-Fe-Au-Co).
Mantoverde-Santo Domingo (“MV-SD”) District Integration Plan presented in November 2022. Targeting over 200,000 tonnes per year of low-cost copper production, with potential to become one of the largest and lowest-cost battery-grade cobalt producers in the world. Feasibility study expected in 2024.
Santo Domingo
Atacama, Chile
Top-quartile, fully permitted copper-iron-gold project with cobalt opportunity.
Mantoverde-Santo Domingo (“MV-SD”) District Integration Plan presented in November 2022. Targeting over 200,000 tonnes per year of low-cost copper production, with potential to become one of the largest and lowest cost battery-grade cobalt producers in the world. Feasibility study expected in 2024.
Exploration
Our exploration team has delivered net asset value creation through the drill bit. Outstanding results at multiple Capstone assets, both previously and currently owned, have proven the team’s exploration excellence.
Our commitment to sustainbility
Responsibility
We care deeply for our people, the environment, and the communities in which we operate. Our commitment to ethical and responsible mining is deeply rooted in our business philosophy, central to our values and vital to our success.