Capstone Mining announced the successful completion of the previously announced transaction combining Old Capstone and Mantos Copper Limited, following the receipt of all regulatory approvals and the satisfaction of all closing conditions. Concurrent with the closing of the Transaction, Mantos has been renamed Capstone Copper Corp., is headquartered in Vancouver and represents an Americas-focused premier copper producer [...]
Capstone Mining Corp. is pleased to announce that it has received approval from the Mexican Federal Economic Competition Commission for the previously announced business combination with Mantos Copper. As a result, all Key Regulatory Approvals have now been obtained for the Transaction. The Transaction is subject to customary closing conditions and is expected to close in March 2022. Upon closing of the Transaction [...]
Capstone Mining is pleased to announce that the Supreme Court of BC has approved Capstone and Mantos Copper Bermuda Limited to proceed with their previously announced business combination by way of a plan of arrangement. The Transaction is subject to customary closing conditions and regulatory approvals and is expected to close in March or April 2022. For more details on the Transaction, please refer to the news release [...]
Capstone Mining is pleased to announce the voting results of its special meeting of Capstone shareholders, optionholders, restricted share units, performance units and deferred share units holders of Capstone held on February 28, 2022. At the Meeting, Securityholders were asked to consider, and if thought fit, to pass a special resolution to approve the proposed acquisition by way of plan of arrangement by Mantos Copper [...]
Capstone Mining announced production and financial results for the quarter and full year ended Dec 31, 2021. Quarterly consolidated copper production totaled 51.6 million pounds at C1 cash costs1 of $1.72 per payable pound of copper produced. Annual consolidated copper production totaled 187.1 million pounds at C1 cash costs1 of $1.81 per payable pound of copper produced. This press release features multimedia. View the [...]
Capstone Mining Corp. is pleased to announce that both Institutional Shareholder Services and Glass Lewis & Co. have recommended that shareholders vote FOR the proposed business combination with Mantos Copper Limited at the upcoming Special Meeting of Shareholders, optionholders, restricted share units , performance units and deferred share units holders of Capstone . ISS and Glass Lewis are two leading independent, third [...]
Capstone announced today that it has filed and mailed the Meeting Materials for its special meeting of shareholders, optionholders, restricted share units, performance share units and deferred share unit holders of Capstone to be held on February 28, 2022 at 10:00 A.M PT in connection with the proposed business combination with Mantos Copper Ltd, announced on Nov 30, 2021. Transaction Details The Transaction will be [...]
Capstone Mining is pleased to provide a corporate update including 2022 production, cost and capital guidance, project and exploration work and an update on the combination with Mantos Copper to form Capstone Copper Corp. An update to the 2022 guidance will be provided shortly after completion of the combination with Mantos Copper. This press release features multimedia. View the full release here [...]
Capstone Mining Corp. is pleased to announce that it has entered into an 18-month access agreement to conduct drill and metallurgical test work at BHP Copper Inc.'s Copper Cities project located 10 km east of the Pinto Valley Mine. Capstone's CEO commented, "I am excited that we have started test work on a property neighbouring our flagship Pinto Valley operation." Mr. Pylot added, "Historic drill data from over 300 holes [...]
Capstone Mining Corp. announces that, further to its news release dated November 30, 2021, it has filed technical reports for Mantos Copper's Mantos Blancos and Mantoverde mines entitled "Mantos Blancos Mine NI 43-101 Technical Report Antofagasta / Región de Antofagasta, Chile" and "Mantoverde Mine and Mantoverde Development Project NI 43-101 Technical Report Chañaral / Región de Atacama, Chile" . The reports are [...]
Capstone Mining Corp. and Mantos Copper Limited are pleased to announce that they have entered into a definitive agreement to combine pursuant to a plan of arrangement under the Business Corporations Act. Upon completion of the Transaction, Mantos will be renamed Capstone Copper, and will remain headquartered in Vancouver, Capstone Copper will apply to the Toronto Stock Exchange to list the Capstone Copper shares on the [...]
Capstone Mining Corp. today announced that it has received final approvals from the US Forest Service for a new mine plan of operations for the Pinto Valley Mine . The Plan, approved by the Tonto National Forest , extends Pinto Valley's life of mine to the year 2039. The mine life extension is expected to produce 2.5 billion pounds of copper and will preserve approximately 700 jobs in Arizona's Gila County, contributing [...]