CAPITAL MARKETS

Capstone reacts to copper price weakness

Capstone Mining has made some significant capital cuts at its mines in the US and Canada, and shelved its Chile exploration project in response to weaker copper prices.

The suspension of Santo Domingo in Chile will save Capstone $2.4 million this year

The suspension of Santo Domingo in Chile will save Capstone $2.4 million this year

The company said it had lowered its operating mine site capital expenditure by US$20 million, cut its mine site operating costs for the second half of 2015 by $20 million, and suspended all work on its...

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