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News 2026-09-21 10:03 UTC

Luca Mining to buy Cozamin copper mine in Mexico for $290 mln upfront

Luca Mining agreed to buy Capstone Copper’s Cozamin underground copper-silver mine in Zacatecas, Mexico, for USD 290 million upfront plus up to USD 95 million in contingent payments. Upfront consideration totals USD 290 million, comprising USD 275 million cash and USD 15 million in Luca shares. Deal includes USD 35 mil