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30 Nov
15:36

COPPER: Capstone Mining, Mantos Copper to merge

Capstone Mining and Mantos Copper are merging in an all-stock deal to form a new copper producer called Capstone Copper that is focused on the Americas, Kallanish reports. The new company will have mines in the US and Mexico and three operations in Chile. The company will have a combined 2021 copper production of 175,000 tonnes from four operating mines and joint reserves of 4.9 million t of copper. The plan is to boost production by 45% to 260,000 t/y from fully …
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