Company type | Private |
---|---|
Industry | Copper |
Genre | Mining |
Predecessors |
|
Founded | 2022 |
Headquarters | Vancouver, Canada |
Area served | Chile, Mexico, United States |
Key people | John MacKenzie (CEO) [1] [2] Darren Pylot (EC) [2] |
Capstone Copper is a Canadian mining company based in Vancouver. Its assets include the mines of; Mantoverde and Mantos Blancos in Chile, Cozamin in Mexico and Pinto Valley in Arizona, United States. [3] [4] [5] It runs also the mining projects of Copper Cities and Santo Domingo in Arizona and Chile respectively. [3] Santo Domingo is Capstone Copper's first greenfield exploration project in Chile. [6]
The company formed in March 2022 from the merger of Capstone Mining and the Bermudas-based Mantos Copper. [2] [7] In the merger Capstone Mining owners kept 61% of the stakes of the new company while Mantos Copper owners kept the remaining 39%. [2]
Copper mining is the main focus of the company albeit it also mines gold, silver, zinc and molybdenum as by-products. [3] The mines of Mantoverde and Santo Domingo are thought to be able to provide battery-grade cobalt. [1]