Capstone Copper to sell Cozamin mine to Luca Mining for up to $385M
Capstone Copper agreed to sell its Cozamin copper-silver-zinc-lead mine in Mexico’s Zacatecas to Luca Mining for up to $385 million, citing efforts to streamline its asset base and redeploy capital into higher-margin copper growth projects.
Capstone Copper has agreed to sell its copper-silver-zinc-lead Cozamin mine in Mexico to Luca Mining for up to $385 million as it looks to streamline its asset base and deploy capital into higher-margin copper growth projects. In return for the Cozamin mine in Zacatecas, Capstone will receive up to $385 million.