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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 agreed to sell its Cozamin mine to Luca Mining for up to $385M, including $275M upfront, $35M deferred, and up to $60M contingent. Closing is expected in Q4 2026, subject to approvals.
Capstone Copper entered a definitive agreement to sell its Cozamin copper-silver-zinc-lead mine in Zacatecas, Mexico, to Luca Mining for total consideration of up to $385 million.