Bolstered by historically low treatment charges (TCs) for copper concentrates and a strong base price for the red metal, Canadian producer Capstone Mining aims to be debt-free in 2021 and to hit 200 million pounds of copper production in 2022.
Capstone - which operates the Cozamin mine in Zacatecas, Mexico, and the Pinto Valley mine in Arizona, in the United States - is aiming for 40% higher production with 15% lower costs by 2022, compared with last year's guidance, the company said."This is the first year of a multi-year growth phase for Capstone that will target 40% higher production with 15% lower costs by 2022, compared to last year's guidance," Capstone president and...