Expansion PotentialA Phase II study at Mantos Blancos is looking at an expansion targeting an additional 10ktpa of copper, with capital for the projects not expected to be overly onerous.
Financial FlexibilityCapstone finished the quarter with $515.6M in available liquidity, including $138.6M in cash and short-term investments and $377M in undrawn revolving credit facility capacity.
Operational ProgressMantos Blancos mine is showing progress towards sustainably achieving its 20ktpd design rate at the sulphide operation with an average of ~18.5ktpd in October and +20ktpd in November to date.