MEMBERS
Capstone Mining Corp.
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Capstone Mining Corp . is a TSX listed Canadian mining company whose principal business activity is the production of copper from the Company's two producing copper mines: the 100% owned Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico and the 100% owned Minto copper-gold-silver mine in the Yukon, Canada.
Using its operations as a springboard, Capstone aims to grow both organically and through mergers and acquisitions: organic growth through continued mineral resource and reserve expansions at its operating mines and through the development of its 100% owned high grade Kutcho copper-zinc-gold-silver deposit in British Columbia, while M&A provides opportunities to accelerate that growth profile by combining with other current producers or acquiring operating mines or development projects.
Capstone is included in the S&P/TSX Global Mining Index.
Investment Highlights
- Strong copper prices -- the outlook for copper remains strong as a result of the strong growth in emerging markets such as
China ,
India and
Brazil .
- Strong financial position -- cash-rich balance sheet, liquid investments in Silver Wheaton and Nevada Copper and low debt. Cash flow from operations provides a growing cash position.
- Highly competitive operations -- high grade, low cost, low risk copper production with significant by-products of gold, silver, lead & zinc.
- Organic growth -- continued exploration success provides potential for mineral resource growth, conversion to mineral reserves and production expansions.
- Potential third mine -- high grade Kutcho copper-zinc-silver-gold project provides near term production growth potential.
- Investment portfolio -- investments in Silver Wheaton and Nevada Copper provide leverage to precious metals and a large copper mineral resource.
- M&A -- Capstone has been successfully built through mergers and acquisitions, and management aims to continue that growth going.
- Focused Management -- proven ability to deliver on targets.
- Experienced board -- Capstone's board of directors adds considerable experience in operations, finance, M&A and corporate governance.
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