- Capstone Mining will merge with Mantos Copper into Capstone Copper.
- The new company will have reserves of nearly 11 billion lb copper and measured and indicated resources of more than 12 billion lb copper.
- The combined 2021 attributable copper production is projected around 355 million lb copper.
- The company is going to more than double its copper production over the next 4-5 years.
- The high cash flows of the merged company will help to fund the Santo Domingo mine construction. Moreover, there should be significant synergies between Santo Domingo and the nearby Mantoverde mine.
For further details see:
Capstone Mining-Mantos Copper Merger: A Way To Fund Santo Domingo