Core Viewpoint - Capstone Copper Corp. has resumed operations at the Mantoverde mine in Chile after a disruption caused by issues with the desalination plant, while a strike by Union 2 continues, affecting approximately 22% of the workforce [1][3]. Group 1: Operations Update - Operations at the Mantoverde mine have resumed, with production expected to be between 50% to 75% of normal levels during the ongoing strike [1]. - The strike by Union 2 began on January 2, 2026, and represents about 22% of the total workforce at Mantoverde [3]. - Capstone Copper is open to discussions with Union 2 to resolve the labor dispute and is committed to legal procedures and employee rights [1][3]. Group 2: Production Performance - Capstone Copper achieved record annual copper production of 224,764 tonnes in 2025, marking a 22% increase compared to 2024 [3]. - The company met its annual copper production guidance for 2025, demonstrating operational resilience despite the labor disruptions [3]. Group 3: Company Overview - Capstone Copper Corp. is focused on copper mining in the Americas, with a portfolio that includes several mines in the USA and Mexico, as well as the Mantoverde mine in Chile [1]. - The company's strategy emphasizes transformational copper production growth, cost improvements, and responsible production practices [1].
Capstone Copper Resumes Operations at Mantoverde
Businesswire·2026-02-01 22:00