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(All amounts in US$ unless otherwise specified)
VANCOUVER, British Columbia–(BUSINESS WIRE)–#arizona–Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announces its production and financial results for the three months (“Q4 2020”) and year ended December 31, 2020 (“YTD 2020”). Copper production totaled 156.9 million pounds of copper at consolidated C1 cash costs
1 of $1.84 per payable pound produced. Link HERE for Capstone’s Q4 2020 management’s discussion and analysis (“MD&A”) and financial statements and HERE for the webcast presentation.
“Last quarter we saw outperformance at both operations delivering operating cash flow of $67 million, which marks the beginning of very strong financial metrics across the business, moving forward in this current $4.00 copper price environment,” said Darren Pylot, President and CEO of Capstone. “Now that the silver stream is closed, we are in a net cash position and are on track to be debt free in
Capstone Mining Corp.: Capstone Beats 2020 Production and Cost Guidance
(All amounts in US$ unless otherwise specified)
Capstone Mining Corp. ( Capstone or the Company ) (TSX:CS) announces its production and financial results for the three months ( Q4 2020 ) and year ended December 31, 2020 ( YTD 2020 ). Copper production totaled 156.9 million pounds of copper at consolidated C1 cash costs
1 of $1.84 per payable pound produced. Link HERE for Capstone s Q4 2020 management s discussion and analysis ( MD&A ) and financial statements and HERE for the webcast presentation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005371/en/
Figure 1 Cozamin One-way Ramp Ready for Higher Mining Rates. Ramp-up of mill processing to 3,780 tpd by the end of Q1 2021 is on track. (Graphic: Business Wire)